The Dualistic Nature of Technological Convergence and Human Resources

Askar Akaev (), Andrei Rudskoy () and Laszlo Ungvari ()
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Askar Akaev: Institute for Mathematical Research of Complex Systems, Lomonosov Moscow State University
Andrei Rudskoy: Peter the Great Saint Petersburg Polytechnic University
Laszlo Ungvari: Development in Relations of Industrial and Education Management GmbH

A chapter in Digital Transformation and the World Economy, 2022, pp 113-124 from Springer

Abstract: Abstract The convergence of technologies significantly changes both the patterns of production and the very nature of socio-economic systems. The need for constant knowledge updating and the continuity of the education process are becoming one of the key factors in achieving social harmony in society. However, uneven economic and technological development poses certain threats to both employment and production systems that create economic benefits in the form of goods or services. The paper shows the dualistic nature of the advance of technology and formation of human capital, when constantly and rapidly updating technologies may contribute to the ousting of mainly middle-skilled employees from the labor market. A mean of overcoming this situation is the extensive training of engineering personnel and qualified specialists capable of working in the environment of man–machine intelligent systems. Examples include the authors’ projections on the distribution of employees of various skill levels in the US economy in the 2030s.

Keywords: Convergence of technologies; Human resources; Skill level and distribution of employees (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:seschp:978-3-030-89832-8_6

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DOI: 10.1007/978-3-030-89832-8_6

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