What is the overwhelming main reason for job obsolescence recognized in the modern economy?
Answer
Accelerated technological change
The primary cause for job obsolescence stems from accelerated technological change, creating a mismatch between worker skills and market demands.
Related Questions
What is the overwhelming main reason for job obsolescence recognized in the modern economy?How is Economic Skills Obsolescence (ESO) defined, distinguishing it from skill decay?Which type of skill devaluation refers to the actual decay of possessed skills, often due to aging or illness?What activities are often most susceptible to automation by current technology, like generative AI?Which of the following is NOT one of the three main categories of crucial competencies identified for future labor markets?What is the consequence of Economic Skills Obsolescence (ESO) associated with work outcomes, besides widespread anxiety?What common organizational pitfall is mentioned regarding addressing new skill shortages?What does the text suggest about the shelf life of specific skill sets in the current exponential pace of change?According to the 70/30 rule for worker strategy, where should professionals direct the majority (80%) of their proactive learning efforts?What is the concept defining the role of a modern professional who combines technical literacy with durable soft skills?