The Information Revolution and Information Technology is causing the world economy to change. Yes, systems make our lives easier and yes, systems are taking away jobs no longer required without replacing those jobs with more new job types as the Industrial revolution has done before.
In fact, since the well marketed global economic meltdown, most countries economies have actually grown in real terms. Real employment though, has not grown at the same rate in any country. Retail sales have increased dramatically since 2008 but yet job growth has not. The acrimonious divorce of Economic growth and Employment has resulted in an uncomfortable and unstable relationship that is fairly often misinterpreted. These misinterpretations sometimes have interesting side effects, interesting more in the Chinese sense or interesting (as in times).
We no longer need as many people to do the same work and the amount of people required to work at most companies is declining every year. Even employment in the IT sector itself is declining as systems become mature, require fewer support engineers, fewer developers and fewer technicians.
The online, or Internet, scenario is also changing rapidly. As global multinational companies strengthen their positions of global dominance, local players will find it increasingly difficult to remain independent and barriers to entry into the information technology sectors will become so high that local innovation would decrease and in some places even cease to exist, unless under the wing of one of the multinationals.
|
RSS