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M Question 1 |
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| Read the following passage and answer the items that follow. Your answers to these items should be based on the passage only. Passage-1 While some level of worker displacement is inevitable for those unable to align with shifting skill requirements in the age of Artificial Intelligence (AI), the scale of this displacement is shaped by the interplay between displacement effects and productivity gains. For instance, in highly demand-elastic markets, the "reinstatement effect" has historically acted as a counterbalance against the displacement effect caused by automation. Technological advancements in markets with unmet demand often give rise to auxiliary tasks where labour maintains a competitive edge. Such tasks not only enhance productivity but also reinstate labor into a broader spectrum of roles, thereby altering the task composition of production in labor's favor. Based on the above passage, the following assumptions have been made: 1. The skills required for "auxiliary tasks" created by new technologies are generally less complex and more readily acquired by displaced workers than the skills made obsolete. 2. The "broader spectrum of roles" into which labor is reinstated due to auxiliary tasks offers long-term job security and career progression. Which of the assumptions given above is/are valid? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 | |
Correct Answer : Option a
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