Technical factors are the characteristics and impact of technological development.
Fourth Industrial Revolution
The rapid pace of technological development makes the world around us increasingly intelligent. This introduces change and a high level of uncertainty. Degree of change, degree of everything happening, and impact on society: The Fourth Industrial Revolution (Management Impact, Volberda). The Tertiary Sector Revolution was still about the advent of computers and digitization, but today it is about a combination of developments from different industries.
Technology development to serve people
The development of IoT is also related to other developments such as artificial intelligence (AI). Many applications will receive some form of AI in the coming years. Artificial intelligence is a machine that exhibits intelligent behavior or action. This includes machines that can judge and make decisions at a certain level, understand and use natural language, and learn new things independently.
Such intelligent software systems are becoming more and more visible in the workplace, for example in the form of virtual customer assistants. It is important to see this innovation as a way to increase human activity rather than replace it. For example, devices that perform tasks semi-automatically or automatically without supervision, such as agriculture, cleaning the woods in our environment like using a chipper shredder, and healthcare.
Many technological developments are dominated by human services. Processes and tasks need to be simplified and made transparent and efficient. Developments in this area include blockchain technology, robotics, big data use, mixed reality, and extensive digitization where data processing takes place through the cloud and the edge.
Labor Market and Education Impact
In addition to the introduction of new technologies such as cloud services, big data, 3D printing, and robotics, there is also a complete takeover of production processes by machines and complete digitization of business processes and services. .. Technology makes work easier and eliminates the need for some features. However, new professions are emerging. Therefore, technology development requires employers, employees, and governments to think differently. Lifelong development is becoming increasingly important as the skills required to change rapidly.
It is uncertain how these ever-advancing technological developments will affect the labor market. The use of new technologies has always led to different demands for educational institutions.