New Technologies and Labor Market: A Look into the Future of Jobs and Employment

This article aims to discuss the impacts of new digital technologies on labor market and critically looks into whether these technological developments present a promise or a threat to the laboring classes and society in general. The article, through a critical evaluation of the findings presented in several reports of international organizations such as ILO, OECD, and The World Economic Forum (WEF), explores the ways in which digital technologies are transforming the nature of work, affecting job tasks, skills, and the distribution of work across the labor market. Embedded in the new capitalist accumulation regime, it will be argued that a "new crisis" seems to be more realistic prospect from the perspective of laboring classes as new technologies are becoming major force in accelerating the 'destruction of stability', 'discontinuity of skills', 'temporality of inclusion', 'permanence of exclusion' and 'risk of mass unemployment'.