Effect of Technology and Globalization on Corporate Jobs Part II – Blog Post #411 by Asrar Qureshi
Effect of Technology and Globalization on Corporate Jobs Part II – Blog Post #411 by Asrar Qureshi Dear Colleagues! This is Pharma Veterans Blog Post #411. Pharma Veterans welcomes sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. This article is inspired by the INSEAD article, the link of which appears at the end. Continued from Previous…… We look at the two major factors causing employment polarization: Automation and Globalization. Automation [Quote] MIT Professor of Economics David H. Autor notes that automation has been going on for centuries, but in the last few decades it has become cheaper than ever with the ubiquity of computers and internet. [Unquote] The critical factor is the ever-decreasing cost and ever-increasing efficiency of technology. The jobs for which skilled blue-col...