John Rey Dungca STS ACT 187

Discuss about a disruptive technology and its impact on the future of work

The of latest and disruptive technologies may be a double-edged sword. The birth of new
economic products and sectors, rising production, and World’s productive capacity to new heights. We
see the emergence of latest products that highlight immense potential for our future productivity. Yet,
these benefits come at a price. Disruptive technology has interfered with our traditional economic
functioning. We see this within the loss of jobs for PMETs and low-skilled workers, additionally because
the displacement of traditional sectors of our economy. Ultimately, the question remains: do the
advantages of disruptive technology outweigh the costs? This essay will attempt an evaluation of the
potential harms and benefits of disruptive technology. The critical issue to consider we face limitless
possibilities, but also endless risks brought by this disruptive technology. To prosper during this new
world means embracing and adapting to changes. Technology is developing to permit fewer people to
produce more things for more people. Unless people start needing or wanting more things at  the
identical rate, the quantity of individuals required to produce everything for everybody will still diminish
inversely to the quantity of individuals desperate to work for survival. In developing countries the
image is more dire because the possibility of their having population belonging to the group of
worldwide providers mentioned above decreases over time, not only because they need less probability
at the beginning, but also because their success increases the possibility of these few choosing to go
away the developing country, or at the very least spending outside the developing country. The mention
of retraining in developed countries is at the best unrealistic; considering the advanced nature of the
present disruptive technologies, the mention of retraining in developing countries is risible.
In developing countries, this produces fertile grounds for ideological revolutions pitting the haves
against the have-nots. Once blame and also the feeling of injustice is planted, promises of justice against
the powerful oppressors becomes the flag with which despots take charge, and sow hatred.
we do about current disruptive technologies, and that i do suggest universal bonus incomes as a part
of the answer, will define geopolitical chances for freedom and democracy to succeed. We must split the
ideology that somebody's being should have to work to survive.
John Rey Dungca STS ACT 187

In your current field of specialization and industry, what disruptive innovation is close at hand?

Today, disruptive technologies like robotic process automation (RPA), computing (AI),
blockchain, smart contracts, and advanced analytics have reshaped existing business models
and facilitated the emergence of recent ones wherein repetitive and mundane tasks have
gotten minor and so the requirement for high-level skills is increasing. Though it still
is visiting be your time before these technologies affect the workplace at a significant scale, this
“entry-level” jobs that require nor low-level cognitive skills may eventually disappear. it has
been estimated that a minimum of fifty of the work that accountants and other professionals
are purchased is automated through currently available technologies, Currently, the CPA exam
requires mostly practical skills, followed by comprehension and analysis skills. Change is
inevitable and so the accountancy sector is no stranger to vary. With a digital future on the
cards for all people, soon there will be a record and trace of everything we do online. Yet,
despite all this modification, many accountants are still working within the lane of business
development. The world of finance could also be a cautious one. Accountants hold the key to
the coffers, and do not want to risk disrupting the company’s access to its funds out of the
blue. this can be often why accountants are not quick to adopt new systems, solutions, or
infrastructure.