MCQ IN COMPUTER SCIENCE & ENGINEERING

Detailed explanation-1: -Automation, jobs, and wages On one hand, automation often creates as many jobs as it destroys over time. Workers who can work with machines are more productive than those without them; this reduces both the costs and prices of goods and services, and makes consumers feel richer.

Detailed explanation-2: -Nowadays, all spheres of human activities are covered by digitalization. The development and adaptation of digital technologies may cause structural unemployment in many industries because of massive automation. Thus, in a short time, the supply of labor will not correspond to the demand.

Detailed explanation-3: -Technology improves the productivity and reduces the burden on workers. It also helps to reduce the time of work. Due to increase in technology, demand for technically skilled youth is increasing and hence more jobs available for educated youth. This can solve the problem of educated unemployment to some extent.

Detailed explanation-4: -Technological unemployment is self-defining: job loss directly caused by new technologies and innovations. It’s a type of structural unemployment. So, rather than roots in supply or demand fluctuations, this joblessness is fuelled by a skills gap.