We discussed how today’s institutions can cease to exist once they are no longer

necessary/functional. Choose one of the institutions (e.g. family, economy, religion, politics, health,
education, security), describe how that institution is manifested in Philippine society, and explain
how it – as it is now - may cease to exist because of the introduction of a specific technology.
The two topics of trade and employment policies are tightly correlated. A nation is unlikely to achieve
inclusive growth, sustainable and equitable development, and good, well-paying, and productive
employment for all without an integrative manner to the two policy areas. In order to capitalize on its
current growth gains and address and rectify serious and long-standing socio-economic problems, such as
worsening poverty, high unemployment, low wages, rising prices and costs, and broadening social
inequalities, among others, the Philippines, one of the world's fastest-growing economies, must continue
its upward economic momentum.
The Philippines should also take advantage of the chance to reevaluate and even alter if required, the
trade and employment plans and policies that it has put in place in previous years, given the lessons and
experiences learned from the past. Implementing trade policy changes and making sure they follow the
values and aims of decent work would only help to advance overall economic planning and development
policy-making.
After the Second World War, the Philippines gained independence and became a fully sovereign
state. Since then, trade and employment policies have been extremely important in determining the
structure of the economy of the nation. These policies have sparked discussions, debates, and disputes
from various political ideologies, social groups, and industry sectors over how to steer the nation's
economic development in order to reduce poverty and officially join the group of developed countries
around the globe.
The previous 50 years have seen significant advancements in technology. We all utilize technology
often, including driving to work, taking flights, using phones and laptops, and using microwaves for
cooking. However, even five years ago, technology appeared uninterruptible and servile. The ubiquity
and familiarity of technology nowadays are what are so astonishing.
Humanoid machines who beg for our adoration or fully established parallel universes like those in
The Matrix do not yet exist in our time. However, we find ourselves becoming more and more concerned
with our current virtual reality. Chat room users frequently blur the lines between their online and offline
selves, and all signs point to the possibility of emotional robots in the future. What will it signify to
individuals when a robotic dog becomes their main daily companion? Or to a patient admitted whose
nurse is a robot when she is receiving treatment from that person? We need to pay better attention to the
psychological impacts of the technology we use now and the next advancements, both as consumers and
as businesspeople.
When we first heard the words "robot" or "artificial intelligence," we automatically saw a dismal
future scene in our minds. There are several dazzlingly flying spacecraft loaded with odd-looking people
wearing brilliant metallic outfits that are controlled by complex software. All deserving of a Star Trek
episode. The robot AI, however, is no more. Machines will always be around. Coming from the
impressive—and unsettling—new A.I. The robot army is seen in a popular video delivering groceries in
swarms to the assistant at the most recent Google I/O keynote making hair salon reservations over the
phone. Whether we like it or not, artificial intelligence and robots are affecting our lives and employment.
According to Orge Castellano (2018), the argument around automation in the workplace has
startlingly come back to the forefront in the last few months as technology has grown both more potent
and more tangible. Around 800 million jobs would likely be lost by 2030, according to some projections.
This implies that between 0 and 30 percent of daily labor hours worldwide will eventually be automated.
Occupations and work as we know it are in jeopardy due to the exponential growth of technology (blame
Moore's law) and the possibility of automation threatening at least 47% of jobs, according to research.
The topic of employment displacement has caused anxiety, fury, and mayhem throughout history.
The dread of a society where occupations have been eliminated by machine entities still exists, mostly
because it has occurred multiple times in history. The emotion against technology advancements is not
new. According to estimates, eight million farmworkers and seven million manufacturing laborers lost
their employment between 1940 and 2010 as a result of automation. However, labor has never entirely
vanished. It has continued.
The promise of quick technological advancements has essentially always been the same: productive
equipment enhances productivity, boosts the economy, and makes work safer and more complex. Humans
may concentrate on more high-maintenance, complex, cognitive-based jobs by letting computers do all
the boring, repetitive tasks. Capitalists believe that this arrangement is one in which everyone benefits.
However, as the landscape changes, more and more employment today can be automated. Does this
portend the possibility of future displacement of more people?
Technologists like Elon Musk have said that artificial intelligence (A.I.) would eventually displace
humans as the primary form of intelligence, according to futurists. envisions "immortal tyrants from
which we can never escape," while some — sometimes too optimistic — economists claim that "these"
robocalyptic possibilities are still in the future and that technology will actually generate more
employment than it will eliminate. Has increased productivity ever put jobs in danger?
We don't yet know how many occupations will be replaced by robots and artificial intelligence over
the coming decades, but estimates about the future of work cast a sobering light on the enormous impact
automation will have on employment, skills, and salaries. The ability to adapt will be crucial in the future.
Humans are adaptable beings that are accustomed to change and flux in their environment. More than we
realize, we are susceptible to adaptability. Robots lack the strategic, natural social abilities that we do.
Work has always been the core and apex of our lives, dating back to the dawn of time. To address the
impending challenges that robots will present to our society, it is essential to discover and promote
innovative economic approaches to these problems. Governments and private businesses will need to
devise plans to let people advance technology rather than battling it.
References:
Castellano, O. (2018) The Future of Work: Technology Will Kill Your Job. Medium. Retrieved June 30,
2022 from https://orge.medium.com/the-future-of-work-technology-will-kill-your-job-this-is-how-
8c6bb9e29840