ABSTRACT. This paper reviews recent concerns and discussions about technological unemployment focusing on the trope “the robots are coming” and beginning with reference to the World Summit (2015) devoted to the issue. There is consensus that robots and big data systems will disrupt labor markets, kill jobs and cause social inequalities. The paper examines Klaus Schwab’s concept of the “Fourth Industrial Revolution” – a concept that underlied the recent Davos meeting to inquire about the role of education in an age of automated cognition. pp. 25–33
JEL codes: E24; J21; J64

Keywords: technological unemployment; robotization; job displacement; fourth industrial revolution; automated cognition; post-industrial education

How to cite: Peters, Michael A. (2017), “Technological Unemployment: Educating for the Fourth Industrial Revolution,” Journal of Self-Governance and Management Economics 5(1): 25–33.

Received 24 January 2016 • Received in revised form 8 March 2016
Accepted 8 March 2016 • Available online 25 March 2016

doi:10.22381/JSME5120172

MICHAEL A. PETERS
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University of Illinois, Urbana-Champaign;
University of Waikato

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