Labour markets in advanced economies have

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Position 1: Policymakers must therefore design retraining programmes and social safety nets that are flexible enough to respond to a pace of change unprecedented in industrial history.

Position 2: Historically, technological displacement tended to eliminate manual jobs while simultaneously creating new categories of higher-skilled employment.

Position 3: As a result, workers in middle-income brackets face the greatest vulnerability, a phenomenon economists describe as labour-market polarisation.

Position 4: Labour markets in advanced economies have undergone profound structural shifts as automation and artificial intelligence replace routine occupational tasks.

Position 5: However, contemporary research suggests that modern automation is unusual because it also threatens cognitive and administrative roles that were once considered immune to mechanisation.

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