Can Technology Solve Economic Disparity?
There has been debate about how the technology could solve economic inequality. In Latin America, new technology tools are being used to improve economic mobility. A 22 year olds named Ignacio Martinez saw how recruiting process in Latin American is inefficient. He and two other associates created Alana, a Tinder-like app for job market in Mexico, where recruiters get access to filtered qualified workers who matched the required skills. Workers can also obtain what skills they need to develop and guidance through the app. There are already more than 60,000 users in Mexico. While this app was being used more in Mexico City, other experts has concerned that technology alone can't boost economies. Because technology also threaten job security and increasing the inequality worldwide. So, do you think technology could replace all jobs in the future or how could technology affect the job market in the future?
https://www.usnews.com/news/best-countries/articles/2020-02-14/technology-is-being-used-to-fight-economic-inequality-in-latin-america
5 comments:
I think there are both positive and negative effects of technology on the labor market. Jobs are definitely not needed anymore if they are replaced by machinery, however, more education is needed and jobs required to run and make the machines. The new app in Mexico is a brilliant idea I think. It can help hire low skilled workers to get jobs, and then it doesn't take much to post yourself on the app. This way more people are likely to join the labor force in the search for jobs because it is easy to use.
I do not think that technology can replace all jobs in the future because there are several jobs that require more than labor, but great analytical thinking that humans will be needed for. In regard to Latin America, I do believe that apps like Alana are effective and can greatly contribute to economic growth because it is helping individuals acquire the skills needed to be marketable in the labor force.
I believe technology alone cannot fix the economic inequality in this country. There are other factors such as exclusionary zones, legacy admissions, and equal schooling opportunities that could help with economic mobility. Technology is good to become more efficient to find more qualified candidates, but alone won't solve everything.
In my opinion, technology will have both positive and negative effects on the job market. Technology, in the future, will cause some low-skilled and labor-intensive jobs to become obsolete, but this advancement in technology will also open up opportunities in new sectors for high-skilled laborers.
I admit that technology could replace some jobs in real life in the future. However, it is also possible that other kinds of jobs instead of traditional jobs will be there in the future too. The development of technology also helps humans to do many dangerous jobs which really reduce the risk for the worker. Looking back at history, human work has been constantly replaced since ancient times. Technology has only let people's lives become better and more convenient.
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