From the course: Foundations of the Fourth Industrial Revolution (Industry 4.0)
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The future of work
From the course: Foundations of the Fourth Industrial Revolution (Industry 4.0)
The future of work
- In many ways, the current state of the global job market, while acknowledging important challenges such as poor working conditions, has never been better. Over the past few decades as the global workforce has grown, despite predictions to the contrary, employment has also grown. However, as we enter a new period of history, how might the fourth industrial revolution impact the future of work from both a positive and negative perspective? This is a big topic and there are many ways to address it. I'll look at it here from two unique perspectives, new styles of work, and the impact of automation. Let's begin with styles of work. While we take it for granted today, the five-day 40-hour work week is a relatively new concept originating in the United States in the 1920s. Through much of the second industrial revolution, factory workers could regularly put in 16-hour workdays. Today in most developed nations, an…
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