Question

Consider and discuss how technology, population growth, and arising trends can impact various professions. Discuss how law enforcement may change as globalization continues.

Answer 1

The world of work is in a state of flux, causing great anxiety — and with good reason. Labor market opportunities are becoming increasingly polarized between high-and low-skill jobs, unemployment and underemployment, especially among young people, stagnating wages for a large proportion of households, and inequality in income. In many advanced economies, migration and its impact on employment have become a sensitive political issue. And from Mumbai to London, public debate is raging about the future of employment and whether there are going to be enough jobs to employ everyone in a profitable way.

Many of the workforce's activities today have the potential to be automated. At the same time, career matching platforms like LinkedIn and Monster are changing and growing the way people look for jobs, finding and hiring talent from businesses. Independent employees are increasingly opting to offer their services on digital platforms, including Upwork, Uber, and Etsy, questioning traditional assumptions on how and where to do work.

Globalization has brought numerous benefits, including taking millions of people into the consumer class in emerging economies. But in some markets, such as manufacturing in advanced economies, it also had an impact, with some jobs moving offshore. Better support could have been given to help displaced employees build new skills and move into new industries or jobs. The decline was partly due to the growth of corporate profits as a share of national income, increasing capital returns on technology investments, lower labor returns from increased trade, growing home-owned lease income, and increased capital depreciation. During the downturn, policymakers in the affected countries took action to compensate for the revenue shortage, in the former for lower taxes and higher transfers, but these were mainly one-off initiatives to raise disposable income in reaction to the crisis and not permanent.

The rapidly growing disparity between all nations ' overall technology output and any nation's contribution means that no country in the future will be strong enough in new science and technology to rely solely on its own intellectual and physical resources to fight the competitive world battle. More specifically, the prediction is that the effort to achieve technological advances will become so widespread and that engineers and resources will be so widely available in the world that what is happening outside technologically will become too important to be ignored by any country.

In both national security issues and pure research into the laws of nature, governments tend to dominate the impact of scientific discoveries and technological advances on the global economy and society. To be sure, the decisions are shaped by national academies, universities, private corporations, and occasionally even people of exceptional public visibility and stature. But because governments are providing the funds for huge research projects and weapons systems, the bosses are ultimately the governments.