Navigating the Synergy Between Human Workforce and Technological Advancements

Session

Information Systems

Description

In the contemporary era of rapid technological advancements, the equilibrium between human workforce and technology has emerged as a critical concern for global organizations and economies. Automation and intelligent robotics are fundamentally altering the nature of work, supplanting routine and repetitive tasks while enhancing efficiency in manufacturing, logistics, and service industries. While these innovations offer indisputable advantages, such as cost reduction and process acceleration, they also raise significant concerns regarding their impact on employment and the role of human agency in decision-making processes. Although automation may displace certain traditional occupations, it is simultaneously creating novel opportunities for the human workforce in domains that necessitate creativity, empathy, and high intellectual flexibility, such as innovation, strategy, and human resource management. Consequently, it is imperative to develop collaborative models wherein humans and robots operate in tandem, synergizing their respective strengths to maximize productivity and work quality. This equilibrium requires substantial investments in education and retraining initiatives to enable the workforce to adapt to evolving market demands. Conversely, the ethical challenges associated with automation, including issues of privacy, data security, and artificial intelligence-based decision-making, necessitate a judicious approach to safeguard the rights and well-being of employees. This abstract presents an analysis of the impact of automation and robotics on the global labor market and proposes strategies to maintain a sustainable balance between technological advancement and human intelligence.

Keywords:

Automation, intelligent robots, labor market, human intelligence, technology in employment, workforce retraining, ethics of automation

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-982-15-3

Location

UBT Kampus, Lipjan

Start Date

25-10-2024 9:00 AM

End Date

27-10-2024 6:00 PM

DOI

10.33107/ubt-ic.2024.292

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Oct 25th, 9:00 AM Oct 27th, 6:00 PM

Navigating the Synergy Between Human Workforce and Technological Advancements

UBT Kampus, Lipjan

In the contemporary era of rapid technological advancements, the equilibrium between human workforce and technology has emerged as a critical concern for global organizations and economies. Automation and intelligent robotics are fundamentally altering the nature of work, supplanting routine and repetitive tasks while enhancing efficiency in manufacturing, logistics, and service industries. While these innovations offer indisputable advantages, such as cost reduction and process acceleration, they also raise significant concerns regarding their impact on employment and the role of human agency in decision-making processes. Although automation may displace certain traditional occupations, it is simultaneously creating novel opportunities for the human workforce in domains that necessitate creativity, empathy, and high intellectual flexibility, such as innovation, strategy, and human resource management. Consequently, it is imperative to develop collaborative models wherein humans and robots operate in tandem, synergizing their respective strengths to maximize productivity and work quality. This equilibrium requires substantial investments in education and retraining initiatives to enable the workforce to adapt to evolving market demands. Conversely, the ethical challenges associated with automation, including issues of privacy, data security, and artificial intelligence-based decision-making, necessitate a judicious approach to safeguard the rights and well-being of employees. This abstract presents an analysis of the impact of automation and robotics on the global labor market and proposes strategies to maintain a sustainable balance between technological advancement and human intelligence.