“Our future success is directly proportional to our ability to understand, adopt and integrate new technology into our work”- Sukant Ratnakar
Workplace technology is growing exponentially. From the industrial age to current day, technology has changed manifolds. Not only has it helped in increasing productivity, it has also made “Work from anywhere” super easy and a reality.
Due to modern interpersonal communication technology, employees communicate more clearly and that’s leading to better results.
The onset of the global pandemic reshuffled the world of work. Businesses digitized themselves and shifted to working remotely overnight, all thanks to technology. With flexible workforces and mass adoption of remote and hybrid work models, many untapped talents are now shining bright. With talent not being restricted by geographical boundaries, both employers and employees are participating in the “Gig Economy.” Moving on an exponential growth trajectory, the gig economy workforce is projected to increase 3X from 7.7 million in 2021 to 23.5 million in 2030.
With every pros, comes the cons and the same is true for technology.
From separating employees by screens creating miscommunications, to the world of automated voicemails that can make customers upset, many believe that “Old is Gold.”
At the same time, with greater flexibility due to Work from Home or freelancing in the gig economy, people are often working overtime, over the weekend and even while sick. This has disbalanced the “Work life balance” and has mentally affected many people. From burnout, insomnia to depression, all have risen with more stress.
According to Technology and Innovation Report 2021, every spurt of progress has been associated with sharper inequality between countries. New technologies can have severe downsides if they outpace a society’s ability to adapt. To benefit from frontier technologies, countries need to promote their use, adoption, and adaptation, while addressing their potential adverse effects.
Moreover, International cooperation should:
Build stronger national capacities in STI,
Smooth technology transfer,
Increase women’s participation,
Improve foresight and technological assessment and promote inclusivity.
Moreover, Policymakers should direct technological change towards meeting societal needs and reducing inequalities; developing countries should adopt frontier technologies while continuing to diversify their production bases by mastering existing technologies; social protection systems should be strengthened to provide safety nets to workers who may lose their livelihoods.
Everything is a boon and a brain, it depends on us how to take it. To make technology a boon, effective communication, connectivity, being flexible but not insensible is the key! We must master the art of balancing our work and our life, otherwise we might not enjoy the super delicacy that the technology provides!
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