Technology and Job destruction

Technology and Job destruction

1. More people without job

   • Lower life quality for those people
   • Increase of money spend on unemployment benefits
   • A huge challenge for the governments and society

2. Robots

   • Overtaking certain jobs
   • Faster and smarter
   • Cannot replace human feelings - Yet

3. Bigger diversion

   • Between productivity and number of jobs
   • Income inequality
     • Paradox - The worldleaders are fighting for more equality

4. Jobs gets allocated to other sectors

5. Just a period

   • Has happened several times before in world history
   • Jobs will return

6. Middle class will fade away

   • Less purchase power from those people

7. Techonology can help to improve the quality in some job sectors