Automation in The Job Sector Will Eventually Increase Consumer Spending Power

Over the past few years, there has been a lot of discussion related to the automation of jobs. Many people feel that this trend will lead to inevitable job cuts, whereas others think that automation will increase the overall number of job opportunities. In the end, it appears that automation will result in cheaper goods, greater spending power, and ultimately, new jobs.

Automation Is A Blessing For The Job Sector

Regardless of how people want to look at things, machines will replace human involvement in the job sector sooner or later. Several industries are far more prone to this change, which will eventually make life better for the overall population. Every since machines were introduced into agriculture, farming has taken on a whole new dimension, leading to various improvements.

At the same time, its is only normal that people are afraid of robots taking their jobs in this day and age. Notably the “easier” jobs–call center operations, administration, and maintenance–will eventually be done by robots, rather than humans. This will result in a lot of job cuts in those sectors, but it will also allow humans to focus on the things that matter more.

Do not be mistaken into thinking that businesses are looking to get rid of workers altogether. Granted, robots are far cheaper, they require no rest or vacation, and don’t get sick. More importantly, they are not subject to whimsical emotions, making them the perfect, silent workhorses. But that doesn’t make them suited for everything either, as our society will always appreciate the human element in specific sectors.




While some people see this as a reduction of workforce, it is rather a shift of priorities. Increasing productivity can only be a good thing for any business, and automation and invention seem to be the way to go in that regard. The biggest change, however, is how this shift will lead to more wealth, cheaper goods, and increased consumer spending.

All of those latter factors will ultimately contribute to the creation of new jobs that cannot be filled by robots–for now, at least, as technologies such as artificial intelligence and deep learning are evolving at an accelerated pace. These developments will ultimately affect the quantity of available jobs, but they will also lessen the quality and nature of those positions.

One can be either optimistic or pessimistic about the future of jobs. Pondering over what might happen is understandable, but far from productive. Instead, one should consider what types of jobs will always require a human element, and start honing new skills to fit those markets. Preparing for the future is an absolute priority right now.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

Leave a Reply