|02/02/18||The impact of new technologies on the labour market and the social economy|
According to the European Parliament study on the impact of new technologies on the labour market and the social economy, machines are taking over tasks as soon as they become routine, such as office tasks that are now automatized, putting low – medium-skilled jobs at risk. This indicates that in future, labour will most likely undergo a reorganization that favors platform work; project structures with an increase in tasks contracted and performed over platforms outside a firm. Technological change tends to favour high-skilled, non-routine or low-routine occupations, while it reduces employment opportunities in low-skilled and routine occupations.
Digitalization is set to revolutionise societal structures, as swathes of employment comes under threat from automatization. Nonetheless, there are numerous policy options to steer the process, by investing in education, infrastructure, and R&D, and adapting labour legislation and tax and social security policies to digitalisation. Perhaps most important is to think of digitalisation not as a threat, but as an opportunity to increase welfare and social cohesion for all European citizens.