These days there is a debate amongst us regarding machines and human. While it was the legendary Karl Marx who once said that “The machine, which is the starting-point of the industrial revolution, replaces the worker, who handles a single tool, by a mechanism operating with a number of similar tools and set in motion by a single motive power, whatever the form of that power. Here we have the machine, but in its first role as a simple element in production by machinery.” As we write, we find that machines are doing the job of low skilled labour force and Business need high skilled work force to maintain the criticality. So, though job market has been decreasing in Europe, the same is increasing in the Asian Region. However, it has been observed that innovation has transformed living standards as Life expectancy has gone up; basic health care and education are widespread; and most people have seen their incomes rise, as per the World Development Report 2019.
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