The Disruptive Substitution of Human Capital by IT

Inhaltsverzeichnis (Table of Contents)

• Introduction
• Problem formulation
• Objective of the Master Thesis
• Course of investigation
• Glossary of terms
• Substitution
• Disruption
• Information Technology
• Unemployment
• Main part
• Unemployment statistics and trend analysis
• Frey's and Osborne's “The Future of Employment” study
• The OECD's \"Risk of Automation for Jobs in OECD Countries\" Report
• The WEF's \"The Future of Jobs\" Report
• Key commonalities and differences
• Conclusions and future prospects

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This master thesis examines the disruptive substitution of human capital by IT. It investigates the increasing use of automation and artificial intelligence in the service sector, which traditionally has been less affected by technological advancements than the primary and secondary sectors. The thesis aims to understand the impact of this trend on unemployment rates and the future of employment.

• The role of disruptive IT in the service sector
• The impact of automation and artificial intelligence on human capital
• The correlation between IT advancements and unemployment rates
• Analysis of different studies and reports on the future of employment
• Exploring key commonalities and differences between these studies

Zusammenfassung der Kapitel (Chapter Summaries)

The introduction sets out the problem formulation, the objective of the Master Thesis, and the course of investigation. The glossary of terms defines key concepts such as substitution, disruption, information technology, and unemployment. The main part delves into the analysis of unemployment statistics and trend analysis, exploring the impact of IT on job markets. It also presents a comprehensive examination of key studies such as Frey's and Osborne's “The Future of Employment” study, the OECD's \"Risk of Automation for Jobs in OECD Countries\" Report, and the WEF's \"The Future of Jobs\" Report. The chapter concludes with a detailed comparison of these studies, identifying commonalities and differences.

Schlüsselwörter (Keywords)

The core keywords of this master thesis include: human capital, IT, automation, artificial intelligence, disruptive technology, service sector, unemployment, future of employment, economic impact, technological advancement, labor market, job displacement, and digital transformation. The thesis explores the dynamic interplay between these keywords, analyzing the substitution of human capital by IT and its implications for the future of work.