TECHNOLOGY AT WORK v6.0: The Coming of the Post-Production Society

TECHNOLOGY AT WORK v6.0: The Coming of the Post-Production Society TECHNOLOGY AT WORK v6.0 The Coming of the Post-Production Society Citi GPS: Global Perspectives & Solutions June 2021 Citi is one of the world’s largest financial institutions, operating in all major established and emerging markets. [...] The acceleration of digital during the pandemic may jump-start a new wave of automation, meaning the jobs of the future need to be ones that are sheltered from both automation and offshoring. [...] COVID-19 was the biggest development for the digitization of the financial sector in the last decade, breaking life-long habits. [...] And he observed that a sizable number of others would be excluded from the world of work because of a lack of education, creating a “permanent underclass, beached by the exigencies of the economic process.”4 What Bell observed was happening to manufacturing is now gradually happening to many services as well. [...] The rise of offshoring has been pervasive and has even meant a reversal of two centuries of growing global income inequality.7 The period after the British Industrial Revolution, which took off around 1750, has aptly been called the Great Divergence, as it saw Europe and its offshoots pull ahead of the rest of the world in terms of growth in gross domestic product (GDP) per capita.8 Things only be.