An Examination of the Effects of the Technological Renaissance on Labour Relations: Opportunities and Obstacles for Employees and Employers

Title

An Examination of the Effects of the Technological Renaissance on Labour Relations: Opportunities and Obstacles for Employees and Employers

Author

1. Nguyen Bao, Postdoctoral Researcher, Hanoi University, Vietnam

Abstract

The landscape of labour relations has been drastically altered due to the Technological Renaissance (TR), defined by the convergence of digital, biological, and physical advancements. This research examines the theoretical foundations of these developments and their effects on employees, businesses, and labour laws. It evaluates the present influence that automation and new technologies have on the need for labour and the required skills, and it provides suggestions to improve awareness and adaptability among all stakeholders involved in labour relations.

Keywords

Conclusion

For labour relations, the Technological Renaissance brings both possibilities and threats. It calls for significant shifts in skill sets and regulatory frameworks, but it also can boost efficiency and create new employment positions. One way for stakeholders to ensure a resilient and adaptive workforce is to comprehend the theoretical underpinnings and contemporary implications of the Technological Renaissance (TR). Then, they may apply strategic suggestions to manage this change successfully.

Author Contrubution

The author independently managed the study's conception, design, data acquisition, analysis, and manuscript drafting.

Funding

This study did not receive specific financial support from funding agencies in the public, commercial, or non-profit sectors.

Conflict of Interest

The authors have no conflicts of interest to declare.

Data Sharing Statement

Data sharing is not part of this study.

Software And Tools Use

No software or tools were applied in this study.

Acknowledgements

I am thankful for the help and expertise of all contributors to this study and manuscript, as well as the insightful feedback from anonymous reviewers.