The Future of Work and Economic Transformation: Automation, Inequality, and Sustainability in the 21st Century

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DPID: 445DOI: 10.62891/85cbac7aPublished:

Abstract

This paper examines the profound transformations occurring in the global economy and society due to technological advancements, particularly automation, and their implications for labor, inequality, and sustainability. Drawing from a synthesis of insights across various video sources, the study explores how automation is reshaping employment across sectors-from physical labor to professional services-and contributing to growing economic disparities. It also investigates systemic issues within the current economic framework, including wage stagnation, global labor exploitation, and environmental degradation. The paper concludes with a discussion of potential policy interventions and alternative frameworks aimed at creating a more equitable and sustainable future. This work provides a critical overview of the challenges and opportunities presented by rapid technological change and offers recommendations for rethinking economic and social systems.