How does innovation impact job creation?
Innovation plays a crucial role in job creation by introducing new technologies and processes that can lead to the development of new industries.
Can you give me some examples of industries that have been created through innovation?
Sure! The tech industry, renewable energy sector, and biotechnology are all examples of industries that have emerged due to innovation.
What about the jobs that are lost due to innovation?
That's a great point. While innovation can create jobs, it can also displace some workers, especially in traditional industries. However, it often leads to the creation of new roles that require different skills.
How can workers adapt to these changes?
Workers can adapt by upskilling or reskilling through education and training programs that focus on the skills needed in emerging industries.
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