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Essay / How Economic Challenges and an Ever-Increasing National Debt Have Continued to Threaten Job Security a growing national debt. We've all heard the scandalous unemployment statistics and the never-ending battle over who is responsible for it in the first place. While certain factors can play a major role in the reasons for layoffs and job losses, there is another factor that will change everything over the next two decades. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”? Get an original essay The growing use and increasing reliability of technology have opened up many financial opportunities for businesses. However, this has also led to the working class having to face possible job losses and permanent removal from certain professions. In this essay, I will discuss which positions are most likely to be at risk and what precautionary measures we can begin to take in order to avoid possible future difficulties. DiscussionRecently I stopped at a gas station and decided to get my car washed while I was there. I was given a few options on what services I wanted to perform. The cheapest, quickest and most convenient option was to get the automatic wash done by a machine, rather than a hand wash which would have cost me double the money, time and well sure, a tip. I do my best to give my money to local stores or request services from mom-and-pop businesses, but even I am guilty of using what is more convenient and cheaper. Unfortunately, the rest of the world is guilty of indulging in instant gratification. In addition, companies must respond to significantly increasing demand. I don't even bother to call to place a pizza order. I don't need to speak to a human to place an order. I can simply use an app on my phone, which also protects me from any misunderstandings regarding my order. Before you know it, most pizzerias will also feel the need to provide such services to their customers, causing this “phone position” to disappear. Many positions are also at risk and this is probably due to these. technologies - “mobile internet, knowledge and work automation, Internet of Things, cloud technology, advanced robotics, autonomous and quasi-autonomous vehicles, next generation genomics, energy storage, 3D printing, advanced materials, advanced exploration and recovery oil and gas. and renewable energies” (Frey, 2013, p. 27, para. 2). Jobs will soon start to disappear due to a machine having the same ability to do the work of a human. Why would we let this happen? Well, it's because of the increasing demand for services 'right now' that we are all guilty of using, and of course, money. It will cost a lot less to buy a machine that will likely pay for itself in the first year, rather than paying an hourly worker year after year for the same performance. This makes sense, but it will also lead our society and economy to near self-destruction. Frey (2013) states that at the rate we are heading, 2 billion jobs will disappear by 2030. This is a very scary thought, but it is not far from the truth. Just looking at the statistics presented in the United States, we 2030.
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