Human Dynamics of Automation and Digitalisation of Economies: Discussion on the Challenges and Opportunities

Ahmad Arslan, Asif Ruman, Sean Naughton, Shlomo Y. Tarba

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

13 Scopus citations

Abstract

This chapter addresses the automation and digitalisation of the economies by specifically focusing on their influences on humans-primarily employed workers. Initially, this chapter highlights trends in this regard by specifically referring to artificial intelligence, robotics, the Internet of Things (IoT) and three-dimensional (3-D) manufacturing. This is followed by a specific discussion on the people-specific challenges-especially concerning the job losses in Europe. We also use publicly available statistics to complement the arguments presented in this concern. After this, our chapter discusses the opportunities for humans emanating through these technological advancements. We highlight new work and entrepreneurial possibilities that are emerging as a result of these advancements. Finally, this chapter also refers to the new skill set need that will allow individuals to take advantage of these opportunities.

Original languageEnglish
Title of host publicationThe Palgrave Handbook of Corporate Sustainability in the Digital Era
PublisherSpringer International Publishing
Pages613-629
Number of pages17
ISBN (Electronic)9783030424121
ISBN (Print)9783030424114
DOIs
StatePublished - 1 Jan 2020
Externally publishedYes

ASJC Scopus subject areas

  • General Economics, Econometrics and Finance
  • General Business, Management and Accounting

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