ABSTRACT
Several studies have shown that the adoption of new technologies was complementary to hiring employees for non-routine jobs, but was a substitute for workers who performed routine jobs, indicating that the demand for different types of jobs is heterogeneous. In fact, some evidence has documented the correlation between the adoption of computer-based technologies and the increased use of college-educated labour at the industry level. Technological change and the efficiency-seeking internationalisation strategies of multi-national firms since the 1980s have led to major shifts in labour markets, resulting in job and wage polarisation with evidence primarily from the US. Changes in the skill content of jobs will become clear relatively quickly, bringing about abrupt job losses in the most affected occupations and affecting some sectors more than others, while job creation will be delayed as individuals grapple with an emerging demand for new skills and seek to acquire them via education and training.
