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This article has three themes. First it considers the reflections of those scholars who document current changes in the world‐of‐work and the academic and managerial challenges that these provide. Second, various speculations about the future of work are reviewed including those made 20 years ago attempting to predict the current state of work and those futurological forecasts made at the moment for the world in 20 years time. Finally, two topics are considered in depth – the psychology of unemployment and the experience of teleworking – to illustrate some of the costs and benefits in the new world of work.

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