Impacts of Industry 4.0 on Employment and Opportunities for Sustainability

Abstract

Digital transformation is a way of using technology to create new procs or modify ones to meet changing business requirements. Reimagining the business process in the digital world is called digital transformation. Technology is changing very rapidly and driving changes all over society. We, humans, not only increasingly use it but also rely on it in our personal lives, we even find our workplaces evolving digitally with most of the processes undertaken by technology. These are all the effects of the fourth industrial revolution or Industry 4.0. Due to Industry 4.0, we all are living a life we are unaware of because we do not understand its works. But there will come a time when its importance will be of utmost and we should not be the ones left out or fear losing what we are pursuing or doing right now in terms of employment. Industry 4.0 has a lot of spectrums in itself but the most important part that is changing all this is the word "Automation”. Increased automation will make our time freed up and we will have to focus on more complex tasks. There will be a need for a workforce that is capable of building, problem-solving, programming, and developing technologies. This is just about the people in technology. But as it will affect multiple careers, this paper will give an overall idea of how we as humans in any aspect of the profession should face the upcoming changes and sustain our profession. This paper aims to examine the impact of Industry 4.0 on employment opportunities. To better comprehend how such a digital revolution is influencing modern life and the workplace, the purpose of this article is to analyze the consequences of recent trends and features associated with digital transformation in the sectors of Education and Future Jobs. There will be an elimination of certain employment, a development of others, and a regular emergence of new jobs that do not already exist. In this paper, we'll go over certain things you should take into consideration as you deal with Industry 4.0 and begin to build your profession.