Is Technology Creating Jobs?

The Future Of Jobs report for the Davos economic summit in Switzerland is asking the question whether the wave of new technology sweeping the globe right now will create jobs or cause unemployment. The report concludes that the fourth Industrial Revolution will destroy millions of blue collar and white collar jobs over the next 4 years and create far fewer new jobs. It will also put downward pressure on unskilled jobs which can be replaced by automation and robots.

Source: NZ Herald