Publisher's Synopsis
⦁How new economic society brings globalization influence?Technological change has bring the middle class productivity gains into higher wages for majority of workers and the labor share of total income continues dropping, career paths have become more volatile and working conditions more raises need for many workers, but the different countries worker discrimination increases, when one office has different countries workers need to work together . At the same time, competition in many industries has been weakening and wealth concentration growing. All of this has come on top of the effects of globalization, many low-skilled workers demand number will reduce and they won't find new jobs more easily in new economic working condition society. When new economic society encourages employers need to raise high technological manufacturing skill as well as train many high skilled workers, also they will dismiss the low skilled workers by the time the Fourth indistrial revolution new economic technological manufacturing society began nowadays, such as the (AI) artificial intelligent, robotic manfuacture technological innovation. So, global manufacturing industries will need to buy many different kinds of (AI) artificial intelligent or robotic manufacturing machine as well as global manufacturing indistries employers will nee to provide train to many low skilled workers to raise their manufacturing skill to learn or know how to apply (AI) manufacturing robotic to be high skilled workers for future global manufacturing industries market needs.So, new economic society will bring low skilled workers lose their jobs in common, if they can not raise their manufacturing skill, e.g. how to dominate or control (AI) robotic manufacturing machine in proficient after their employers spend same time to train them to learn how to control any kinds of (AI) robotic manufacturing machine in factories. Hence, the high unemployment ratio will raise to the low skilled workers if they can not learn or know how to control any kinds of (AI) robotic manufacturing machine in factories in short time, when one day, all of old manufacturing machine are replaced by high technological (AI) robotic manufacturing mahcine in factories. Also, new economic social environment will bring high skilled (AI) robotic manufacturing workers to be needed more in factories or it can create new (AI) technological manufacturing jobs chance when industrial organizations feel need to innovate factory manufacturing methods and they also need to change low skilled worker human capital to high skilled work human captial in factories. So, labor market will increase need to high skilled workers in global factories manufacturing industries. However, new economies will raise labor utilisation and labor productivity, when global many factories decide to apply (AI) robotic manufacturing machine to replace traditional low efficient or inefficient or low productive machine as well as increase high skilled workers number and decrease low skilled workers number in factories absolutely. But, in the same time, new economic environment may also raise unemployment ratio or raise the high unemployment number to the low skilled workers, when global manufacturing industries employers applied (AI) robotic manufacturing machines to replace traditional old manufacturing machine in factories.
