How does digital transformation affect employment?

Digital transformation has had a significant impact on employment, reshaping and redefining the labor market in various ways. On one hand, it has created new job opportunities and positions that did not exist before, such as data scientists, AI specialists, cybersecurity analysts, and digital marketers. These roles require a unique skill set and expertise in emerging technologies, offering employment prospects for individuals capable of adapting in this digital era. However, digital transformation has also resulted in the automation of many routine and repetitive tasks, leading to a decline in certain traditional employment sectors, displacing workers whose job functions can now be performed more efficiently by machines or algorithms. It has become crucial for employees to upskill themselves and remain adaptable in order to navigate the changing job landscape brought about by digital transformation.

This mind map was published on 2 October 2023 and has been viewed 90 times.