3rd EFI Research Paper Competition - Theme: “Industry 4.0 – Aligning Employee Relations”
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About Research Competition Theme
The fourth Industrial Revolution is characterized by Cyber-Physical System, Internet of Things, Cloud Computing, Artificial Intelligence and Cognitive Computing and will ensure reliability in operations, continuous productivity and deliver greater values to customers. However, such technology-driven transformation is marked by several disruptive trends and could alter an employment landscape. Experts have predicted that Industry 4.0 may disrupt the demand–supply of labour, the labour market will be divided into “low-skills/low-pay” and “high-skills/high pay” segments, machine intelligence will not create new jobs and ultimately it may lead to increase in social inequality.
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