Curiosity, the product of the age of Enlightenment, prioritized autonomy and human reason as a way to solve the secrets carried by universe and human. Knowledge is the power of human intelligence. The rapid technological progress through the 21. century, have set the tone how labour market of the 21.century has developed with higher level of education. AI's chief point of promises of is that it can be used to augment human intelligence. The other issue is how we can work together, manage corporations and make cognitive decisions. The economic environment that emerged after II.World War with the rapid industrialization process has become available for the formation of transnational companies. These companies, which invest in developing countries for some reasons such as abundance of raw material resources, cheap labor, escaping from taxation responsibility and flexible waste management are now at a turning point. Therefore, UNCTAD data shows foreign direct investment (FDI) inflows, which stood at $1.54 trillion in 2019, fell by 42% in 2020 to approximately $859 billion. However, automatization and digitalization in developed countries negatively affects employment in low income countries and reduce the trend of production in offshoring. The aim of this study is to argue that the tendency of TNCs towards cheap labor, which is among the reasons for direct investment in host countries due to the digital transformation of labor, can change.
Primary Language | Turkish |
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Journal Section | Articles |
Authors | |
Publication Date | December 25, 2021 |
Submission Date | May 18, 2021 |
Acceptance Date | December 19, 2021 |
Published in Issue | Year 2021 Volume: 4 Issue: 8 |