Technology and the action of Job Displacement

The increased use of technology in the increased use of technology in the workplace has seen a reduced need for manpower. Each and every day, companies increase their automation of services and therefore find the urge to face off some of their employees. Technological innovations have constantly been geared towards reducing the need of using manpower. It can, therefore, be said that technology is directly related to job displacement in the contemporary times. A forecast on the economic future also shows that companies and organizations will continue to reduce the use of human power by adopting automation and mechanization of labor. The following ideas on technology explain why organizations prefer automation of services to human labor and the reason for the increased job displacement.

Automation and mechanization of work are readily accessible. This being a factor that is contributed to by the increasing technological advancements in the world has seen organizations fancy the use of such labor replacement approaches. It is thought that organizations realize better service delivery and increase their production scales (Otekhile&Zeleny, 2016). Automated machines are thought to be more efficient and cheaper than humans. In cases where organizations need fulltime services, the use of the machines has been preferred to individuals. Automating facilities might only need installment costs and nothing else, which is cheaper when compared to labor. Automated machines also work exactly as programmed, giving a better functionality with a cheaper cost. It is common to find machines that serve tasks that would have been performed by a bigger number of employees. For this reason, organizations prefer automation because reduces the human resource costs. Management is also cheaper and easy when machines and software are used in place of humans.

Apart from the ready technology and the lower cost of automated services about human labor, there is the issue of space and time. Organizations save space and time when they use mechanization and automation of labor. In automation, a single machine performs tasks that would have needed a bigger number of employees. It is therefore seen as a way of reducing the space needed in running certain services. Less office space is needed when automation is used. For this reason, organizations have opted to replace human labor with technologically automated machines. The demand for automation machines continues to rise (Mokyr, Vickers &Ziebarth, 2015). This is because organizations have found the needed to try as much as they can to reduce the number of individuals while increasing their work output. Less tie in wasted when services are automated. Examples of service automations are seen in the automated teller machines, whereby withdrawal money services run on a 24-hour system. Banks and financial institutions can save a lot by using these machines. Other sectors whereby technology has caused automation are communication sectors. Automated voice services save companies a lot of time by offering an all-round customer support system.

In the Wall Street express branch of the Bank of America, customers will now be talking to a screen rather than the usual customer care representatives. This automation has reduced the space requirement for the branch by over half and increased efficiency and output. Accordingly, the bank has a relatively lower running cost and more efficient output. However, the automation has also led to massive loss of job opportunities for the young educated Americans. Bank of New York Mellon has also adopted the use of automated service delivery and robots in all day-to-day activities. This has led to increased efficiency and effectiveness but also increased loss of job opportunities. Robots have also been used in Microsoft and Coca Cola with similar effects in business and human resource management (Otekhile&Zeleny, 2016).

The third reason for the increasing technological impacts on labor displacement is seen in the expenses incurred while training personnel. Due to the rising cost of life, employees in different companies are asking for higher pay. To avoid these expenses, organizations are investing in innovative research aimed at offering automated alternatives to human labor. The ethicality of this action is in doubt, though. There are organizations that only prefer machines to humans because of the perception that managing human labor is stressful and challenging. Except for the jobs that are created through the adoption of these machines, the technological innovations experienced in the information and technology field are continuously driving organizations into retrenching employees.

It is not a crime for organizations to replace human labor with automated machines. However, the actions might not as well be considered ethical. Organizational are supposed to see past their production convenience, to consider the economic wellbeing of the society (Katz, 2014). The cost of using human labor might be relatively higher than that of using machines. In their endeavors of replacing the human resource with technological innovations, organizations must think about their contribution towards the creation of jobs. The increasing number of unemployed individuals due to the effects of technology should be given a check. Organizations should weigh on which services to automate and those that should be left to human resource.

With the advancement in technology, the workplace will continue to change. These changes will affect employment heavily. They are all geared towards reducing the use of human labor. Technology much geared towards displacement of labor. Automated information systems are more efficient than human labor. Companies are therefore in the dilemma of trying to offer employment and at the same time trying to reduce costs and increase efficiency. At the end of the day, an employee is bound to lose their job because he or she has been replaced by a machine which is thought be better than them in taking orders, working within the expected time and never asking for a pay rise or work offs.

Conclusion

In a world that is controlled by business competition, the use of technology has become an inevitable component of the major organization rather. Technology has been linked to increased need for organizations to depend on machines to perform duties that were previously performed manually. This automation of operations has increased the efficiency in many organization and also boosted the revenues and profitability in an organization. In addition, automation has enhanced the competitive advantage of many organization leaving them able to compete with the new entrants in the market from a better and more varied position (Smith & Anderson, 2014).

Even with the above advantages, there are scores of people who still feel that automation of services has led to the displacement of many human workers. In many organizations where machines have been vastly used to perform tasks, human labor is no longer required as before. What this leads to is increased rates of lay-off of workers, and those that are retained are underused and made to feel relatively unwanted (Mokyr, Vickers&Ziebarth, 2015). As many of the reports opposing automation have indicated, the previous notion that organizational objectives are met through people is slowly changing to a concept that machines are better in meeting organizational goals. However, it is also important to note that organizations must be able to operate from the point of understanding the market needs and the industry requirements (Katz, 2014). Currently, the rate of production demanded most of the industries is quite high due to the increase in consumer population and the enlarging of the market. Human labor that would meet this challenge is unmanageable both socially and financially. In addition, efficient use of the financial resources in an organization is a major objective to increase profitability in business and enhance positions in the market. Machines may be more costly to acquire and maintain than humans. However, they are more efficient, do not require training or salaries and can be manipulated to increase production as the organization requires.

Technology has led to job displacement, as an ethical dilemma since less workforce is needed for task performance as this renders many jobless, without livelihoods. As observed, however, there is no ethical implication of having replaced human labor with machines to increase production in organizations (David, Dorn & Hanson, 2015). The current trend in many industries demands that production makes good use of machines and automate the process to save time, increase convenience and also enhance efficiency and effectiveness of operations. This is because machines can depend on for increased precision, overwork and are easily manipulated to fit the needs of the organization and the industry.

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