Aging Workforce and Technological Integration in Japan

AGING WORKFCE AND TECHNOLOGICAL INTEGRATION IN JAPAN By [Name] Class Name Professor/Tutor University City & Stae Date Hello to you all, today, I want to talk about a very significant topic “Aging Workforce and Technological Integration in Japan.” In particular, no country can grow and expand its economy without the availability of the needed workforce. In Japan’s scenario, the increased number of older adults’ employees is a significant problem that should be addressed. That is why the country has turned to robotization and automation to ensure that machines can take over numerous tasks that used to be assigned to human workers (Week 4, 2024). The primary benefit of using machines to replace humans is that they are more effective, reliable, solve the labor shortage problem, reduce the cost of production, save time, and promote productivity. In particular, change is inevitable, particularly in the digital era. According to Frey and Osborne’s (2017) study, about 47% of jobs in the United States (US) can be automated within the next 10 to 20 years. Due to the rise of “ubiquitous computing,” it has become easier to integrate computation technology into almost everything (Week 7, 2024). Besides, in 2017, the population of Japan decreased by approximately 264,000 individuals. The number of deaths is more than births by a mean of 1,000 people daily (Schneider, Hong, & Le, 2018). Although some companies, such as Nojima Co. and YKK Group have updated the retirement from 65 to 80 and others are abolishing the retirement age l...