New digital technologies will make many jobs obsolete. Most manual or repetitive jobs will disappear. At the same time, digital technologies will create many new jobs in the technology and service area, such as programmers, software engineers, e-commerce business people, data analysts, digital marketing managers, technology analysts, and digital change agents.
Naturally, retraining will be needed for people whose jobs are in decline to aid their transition to those newly created jobs.
Indeed, digital transformation will be a way to implement this creative disruption. Restructuring, reorganization, and rationalization of business units will come along at the same time as digital transformation. A preemptive implementation of a digital transformation can to make the transition go smoothly and make the disruption more bearable.