What is the impact of automation on salaries?
Automation can lead to wage stagnation in some sectors while increasing salaries in tech and skilled jobs.
Which jobs are most affected by automation?
Jobs in manufacturing, retail, and administrative roles are often most affected, facing potential job loss or wage reduction.
Are there any positive effects of automation on salaries?
Yes, automation can create higher-paying jobs in tech and engineering fields, as well as increase productivity.
How can workers adapt to the changes brought by automation?
Workers can upskill or reskill in areas that are less likely to be automated, such as creative and analytical roles.
What industries are likely to see salary increases due to automation?
Industries like technology, healthcare, and renewable energy are expected to see salary increases as automation grows.
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