The Information Revolution has transformed the economy towards knowledge and services, impacting job nature and the workforce.
The Information Revolution has shifted the economy towards the production of knowledge and services, impacting the nature of work. With the rapid increase in computer use, industries are becoming more information-intensive and less labor-intensive.
Automation and computerization have led to higher productivity but also higher unemployment, causing a shift towards high-skill, high-wage jobs and low-skill, low-wage jobs.
The globalization phenomenon, driven by technological innovations, has transformed the global economy into one driven by knowledge and information, creating new economic, political, and social relationships.
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