Technologies like AI and Robotics are automating many human jobs and helping to maximize company profits. However, this may result in a new wave of mass unemployment and government should step in to regulate these fields. Discuss arguments for both sides and give your opinion.

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Many large organizations are turning towards modernized technologies for automating their processes,
this
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in turn
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inturn
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in turn
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is helping them reap enormous profits. According to some,
this
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might have a negative impact on human resources as they are running out of options for jobs. They
beleive
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believe
that the
government
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should intervene
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this
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in this
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process to save
common
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the common
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mans livelihood.
To begin
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with, A progressive
government
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will never try to hinder their own potential growth. While it is true that AI and Robotics might take few jobs away, but
it
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they
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will
also
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give rise to various different occupations.
People
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have to enhance themselves or look for alternate solutions rather than expect
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government
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the government
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to get involved.
For example
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, The world focus is now shifting from manufacturing to service industry which is currently dominating the global dynamics.
Moreover
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,
people
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need to evolve with time and technique.
Although
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,
Government
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can in some ways try to tone down the speed of
such
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technologies, as
people
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take time to adjust and adapt to changes. It is quite difficult for someone to change their jobs overnight or learn a new trait in a short span of time.
However
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, Administrators of states should take into consideration all these factors and come up with appropriate solutions.
For instance
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, Skill development or educating their masses. Subsidising education of these subjects to
people
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who are weak in it, in order
encouarge
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encourage
them to pursue it. To Sum up, the rapid advancement of
such
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technologies and the benefits coming out of
it
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them
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outweigh the disadvantages.
Although
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Use synonyms
government
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the government
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should not directly hinder their development,
however
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, some kind of supervision might help the masses to be prepared in advance.
Submitted by vikram400059 on

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Topic Vocabulary:
  • Automation
  • Job displacement
  • Efficiency
  • Productivity
  • Economic growth
  • Income inequality
  • Reskilling
  • Workplace safety
  • Ethical concerns
  • Oversight
  • Regulation
  • Retraining
  • Social unrest
  • Innovation
  • Technological advancement
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