New jobs are being created While some jobs are lost, new ones are created through automation. There are opportunities in programming, building, deploying and maintaining robots. While there may be enough opportunities, there may be a lack of skilled workers to fill those roles. In order to counteract this, employers are training their employees alongside the advancements of technology.

Transition Time While a digital revolution takes place, people are finding ways to combine their skills with the power of advanced technologies and robots. The pace at which technology is evolving may be rapid, calling for the development of a more flexible and agile workforce that is able to overcome industry and professional hurdles smoothly and quickly.

Performing Tasks Some tasks go beyond routine. While robots can perform rules-based and repetitive tasks that are automated, there are jobs that require more complexity of thought, judgment and social interaction to be successful and would require people to perform them.

Disruption, not destruction With the loss of certain jobs, new ones are inevitably created and the economy tends to adjust itself. However, with the rise of automation, there is fear that jobs won’t be replaced, machines will substitute people and that job knowledge and skills will be lost.

Job Market Jolt New technologies have a significant impact on the market. Rather than taking jobs, their efficiency will create greater purchasing power which will be used to spend on new products that require human oversight and involvement.