ABSTRACT
This chapter addresses some of the principal factors reshaping work in this era of rapid change. While much of the attention is understandably centered on the wide-ranging impacts of labor-saving technological advance through automation, other important changes are altering the demand and supply of workers, and changing the nature of work itself. These include changing capital-labor relationships and the rise of “alternative” work arrangements, as well as emerging labor market mismatches in many economies that reflect new perceptions about how to get ahead in today’s economy. The chapter discusses how some of these challenges can be confronted, including efforts to manage the advance of automation, and concludes with a discussion about the implications for education policy in an environment where multidisciplinary skills will be a key differentiator in individual advancement and economic performance.
