Demographics, Technology and Inevitable Transformation of Work Force

Abstract

The progresses of technologies such as artificial intelligence, big data analysis and smart robot are very remarkable, and people have no doubt that technology will have significant effects on our future work style. The next question is what kind of effects we will be faced with and how we can cope with the changes. In this paper, we forecast demographic changes under two difference scenarios and show one possibility that technological changes can increase our future labor supply. We also review recent researches on technology and work force, and propose a new work model called Work Model 2030 which is complementarily driven by new technologies. Finally, we provide results of our qualitative research on startups in the U.S. and discuss what kind of mentality we should have in order to accelerate our society with the new technologies.