UK Government: We 'Must Help' Workforce Retrain as Businesses Digitize
By Steve McCaskill
The UK government claims the benefits of business digitization outweigh the negatives and that it would help those who lose their jobs as a result of automation to acquire new skills and find new jobs.
Minister for the Cabinet Office Matthew Hancock said that the evidence was "overwhelming" that technology could help economies and societies and that people should not fear the inevitable changes to the labor market that will ensue.
"A debate is going on around the world about how technology is either strengthening economies or leading to a labor gap and people losing jobs," he said at the BT Tower in London today, adding that he supported the former view.
Minister for the Cabinet Office Matthew Hancock says digitization and automation can help economy, but recognizes need to help people make transition.
"A successful economy is one where you unambiguously support new tech that improves productivity and help people with that transition.