New technologies: A jobless future or golden age of job creation?
This paper explains the dynamics of job destruction and job creation in the context of technological change. It explores the role of economic, social and political forces in shaping the nexus new technologies, innovation and job. While process innovations destroy jobs, this paper identifies endogenously triggered market adjustment and societal learning processes as the drivers of job creation dynamics. It highlights the role of Governments in fostering these processes and shaping the future of jobs.