Vol 2. No. 2 FEBRUARY 2021 EDITOR SELECTION finding from research paper that is relevant for labour market Machin-omics: Could automation overtake human jobs? Muhammad Khalid Ahmad Kamal and Dr Muhammad Daaniyall Abd Rahman The emergence of fourth industrial The study reveals that use of robot in The productivity effect is found to be revolution (IR4.0) wave' has been economic activities - stretching from positive for Japanese vulnerable workers sensationalied describing automation will take over human jobs in the workplace. Such automations, mainly operated by robots or algorithms, are seen to displace millions of jobs in the labour market across the globe, which eventually arousing general public robots per 1000 workers in Japan market share of Japanese corporations. outcry. textile to automobiles industries – is not such as women, part-time workers, a quite recent one. Surprisingly, it had high-school graduates, and the aged. started as early as 1979, the same year Moreover, employing robot could help when Malaysia was about to conceive lowering operation costs, raising average its first national car concept. In 2011, it industry wage, improving labour was estimated that there were about 14 demand, as well as sustaining global compared to 1.4 and 2.3 in the USA For Malaysia, a lot can be learnt from and Europe, respectively. Japanese robot wonders. First, the use of robot is somehow feasible at any Although this reality becomes bad news for most part of the world, but automation is somehow warmly that we may be all wrong by viewing productive sectors. Robot employment welcomed in Japan, one of the leading adopting robot to replace human jobs remains a challenge as it may incur countries in robot employment. Furthermore, the study strongly asserts can lead to severe labour market massive public and private investments, A study in Japan has been published tailure. While it is indisputable to tethering incentives to facilitate this. To recently examining the impact of the anticipate human-to-robot displacement note, Japan was expected to reap around introduction of robots to equilibrium labor demand in the entire Japanese otherwise give positive impacts on reflecting the silver lining for economic effects, the introduction of robots would $21 billion from robot market in 2020, productivity. opportunities that always exist. есonomy. Second, demographics is also moving towards aging population. At the same time, we suffer from labour market structural issues that Therefore, turning into employment shall be scrutinised in depth to understand the impacts for such robot- human replacement at industrial level. Being a labour-intensive economy, it complicates the way we see these impacts, especially dependency on foreign workers. like Japan, Malaysia It is generally known that Japanese economy suffers from low fertility rates, increase in number of elderly and shrinking population growth, which then lead to a chronic labour shortage. Thus, employing robot is more about economic survival rather than a threat to human jobs. "While It is Indisputable to anticipate human-to-robot displacement effects, the Introduction of robots would otherwise glve positive impacts on productivity remain hard-to-break. robot 11 with high Furthermore, with the current pandemic crisis that restricts human movement and strict physical-distancing protocols, the needs for robots become crucial to contain virus contagions. While it remains ambiguous of such event would not recur in the future, the adoption of "machine economy" shall be seriously taken into consideration for the sake of economic safeguard. enacts ERA EKA Reference Dekle, R. (2020). Roboes and industrial labour. Evidence from Japan. Jourmal of the Japanese and International Economies. 58, 1-15. EIS-UPMCS CENTRE FOR FUTURE LABOUR MARKET STUDIES THE LABOUR | 5

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Prepare 5 important points from the article

Vol 2. No. 2
FEBRUARY 2021
EDITOR SELECTION
finding from research paper that is relevant for labour market
Machin-omics:
Could automation overtake human jobs?
Muhammad Khalid Ahmad Kamal and Dr Muhammad Daaniyall Abd Rahman
The emergence of fourth industrial The study reveals that use of robot in The productivity effect is found to be
revolution (IR4.0) wave' has been economic activities - stretching from positive for Japanese vulnerable workers
sensationalied describing automation
will take over human jobs in the
workplace. Such automations, mainly
operated by robots or algorithms, are
seen to displace millions of jobs in the
labour market across the globe, which
eventually arousing general public robots per 1000 workers in Japan market share of Japanese corporations.
outcry.
textile to automobiles industries – is not such as women, part-time workers,
a quite recent one. Surprisingly, it had high-school graduates, and the aged.
started as early as 1979, the same year Moreover, employing robot could help
when Malaysia was about to conceive lowering operation costs, raising average
its first national car concept. In 2011, it industry wage, improving labour
was estimated that there were about 14 demand, as well as sustaining global
compared to 1.4 and 2.3 in the USA For Malaysia, a lot can be learnt from
and Europe, respectively.
Japanese robot wonders. First, the use of
robot is somehow feasible at any
Although this reality becomes bad news
for most part of the world, but
automation is somehow warmly that we may be all wrong by viewing productive sectors. Robot employment
welcomed in Japan, one of the leading adopting robot to replace human jobs remains a challenge as it may incur
countries in robot employment.
Furthermore, the study strongly asserts
can lead to severe labour market massive public and private investments,
A study in Japan has been published tailure. While it is indisputable to tethering incentives to facilitate this. To
recently examining the impact of the anticipate human-to-robot displacement note, Japan was expected to reap around
introduction of robots to equilibrium
labor demand in the entire Japanese otherwise give positive impacts on reflecting the silver lining for economic
effects, the introduction of robots would $21 billion from robot market in 2020,
productivity.
opportunities that always exist.
есonomy.
Second,
demographics is also moving towards
aging population. At the same time, we
suffer from labour market structural
issues that
Therefore, turning into
employment shall be scrutinised in depth
to understand the impacts for such robot-
human replacement at industrial level.
Being a labour-intensive economy, it
complicates the way we see these
impacts, especially
dependency on foreign workers.
like
Japan,
Malaysia
It is generally known that Japanese
economy suffers from low fertility rates,
increase in number of elderly and
shrinking population growth, which
then lead to a chronic labour shortage.
Thus, employing robot is more about
economic survival rather than a threat
to human jobs.
"While It is Indisputable to
anticipate human-to-robot
displacement effects, the
Introduction of robots would
otherwise glve positive
impacts on productivity
remain hard-to-break.
robot
11
with high
Furthermore, with the current pandemic
crisis that restricts human movement and
strict physical-distancing
protocols, the needs for robots become
crucial to contain virus contagions.
While it remains ambiguous of such
event would not recur in the future, the
adoption of "machine economy" shall be
seriously taken into consideration for the
sake of economic safeguard.
enacts
ERA
EKA
Reference
Dekle, R. (2020). Roboes and industrial
labour. Evidence from Japan. Jourmal of the
Japanese and International Economies. 58,
1-15.
EIS-UPMCS CENTRE FOR FUTURE LABOUR MARKET STUDIES
THE LABOUR | 5
Transcribed Image Text:Vol 2. No. 2 FEBRUARY 2021 EDITOR SELECTION finding from research paper that is relevant for labour market Machin-omics: Could automation overtake human jobs? Muhammad Khalid Ahmad Kamal and Dr Muhammad Daaniyall Abd Rahman The emergence of fourth industrial The study reveals that use of robot in The productivity effect is found to be revolution (IR4.0) wave' has been economic activities - stretching from positive for Japanese vulnerable workers sensationalied describing automation will take over human jobs in the workplace. Such automations, mainly operated by robots or algorithms, are seen to displace millions of jobs in the labour market across the globe, which eventually arousing general public robots per 1000 workers in Japan market share of Japanese corporations. outcry. textile to automobiles industries – is not such as women, part-time workers, a quite recent one. Surprisingly, it had high-school graduates, and the aged. started as early as 1979, the same year Moreover, employing robot could help when Malaysia was about to conceive lowering operation costs, raising average its first national car concept. In 2011, it industry wage, improving labour was estimated that there were about 14 demand, as well as sustaining global compared to 1.4 and 2.3 in the USA For Malaysia, a lot can be learnt from and Europe, respectively. Japanese robot wonders. First, the use of robot is somehow feasible at any Although this reality becomes bad news for most part of the world, but automation is somehow warmly that we may be all wrong by viewing productive sectors. Robot employment welcomed in Japan, one of the leading adopting robot to replace human jobs remains a challenge as it may incur countries in robot employment. Furthermore, the study strongly asserts can lead to severe labour market massive public and private investments, A study in Japan has been published tailure. While it is indisputable to tethering incentives to facilitate this. To recently examining the impact of the anticipate human-to-robot displacement note, Japan was expected to reap around introduction of robots to equilibrium labor demand in the entire Japanese otherwise give positive impacts on reflecting the silver lining for economic effects, the introduction of robots would $21 billion from robot market in 2020, productivity. opportunities that always exist. есonomy. Second, demographics is also moving towards aging population. At the same time, we suffer from labour market structural issues that Therefore, turning into employment shall be scrutinised in depth to understand the impacts for such robot- human replacement at industrial level. Being a labour-intensive economy, it complicates the way we see these impacts, especially dependency on foreign workers. like Japan, Malaysia It is generally known that Japanese economy suffers from low fertility rates, increase in number of elderly and shrinking population growth, which then lead to a chronic labour shortage. Thus, employing robot is more about economic survival rather than a threat to human jobs. "While It is Indisputable to anticipate human-to-robot displacement effects, the Introduction of robots would otherwise glve positive impacts on productivity remain hard-to-break. robot 11 with high Furthermore, with the current pandemic crisis that restricts human movement and strict physical-distancing protocols, the needs for robots become crucial to contain virus contagions. While it remains ambiguous of such event would not recur in the future, the adoption of "machine economy" shall be seriously taken into consideration for the sake of economic safeguard. enacts ERA EKA Reference Dekle, R. (2020). Roboes and industrial labour. Evidence from Japan. Jourmal of the Japanese and International Economies. 58, 1-15. EIS-UPMCS CENTRE FOR FUTURE LABOUR MARKET STUDIES THE LABOUR | 5
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