Data gathered by LinkedIn, Coursera and the World Economic Forum was captured in a Future of Jobs Report recently published by The World Economic forum (WEF). A good summary is provided by senior writer Kate Whiting in her recent Article on the WEF website. Report content is showing up in varied places, with key findings like those below widely shared:Continue reading
The acceleration of automation is not a direct outcome of the pandemic – it is simply more visible now. That visibility is one of the few bright spots in an otherwise horrible several months. The inequities that exist in the world are now more visible. The lack of preparation for a digital future has exposed those who did not see the need. In the case of automation, it was going to accelerate for a number of reasons, but the pandemic will Accelerate the Acceleration. One clear reason that this decade will see a massive investment in automation is the fall in Working Age population. Said another way, it is getting increasingly difficult to find skilled resources.Continue reading
What job skills do we need for the future? A popular question that comes up a lot. In a Recent Post, I listed several: emotional intelligence, creativity, flexibility, adaptability, data literacy, and technology savviness. This Tweet of a World Economic Forum video adds complex problem solving, critical thinking, people management, working with others, and decision making to the list.
As many focus on the future of work, various different perspectives are presented. A common theme is emerging: Jobs will be there, but they will be very different within the next decade. This recent Article draws three conclusions:
- In 10 years time, 50% of jobs will be changed by automation – but only 5% eliminated.
- 9 out of 10 jobs will require digital skills.
- Young, low-skilled and vulnerable people – all need help with up-skilling.
Several critical points are made by the World Economic Forum article:
An Article by IEEE Spectrum captured a dialog that occurred at a recent MIT conference. The topic: AI and the Future of Work. The conference discussion underscores the struggles between Techno-Optimism and Techno-Pessimism. Pessimistic when AI and automation are viewed as an industry-destroying path that takes jobs via self-driving technology, smart law algorithms, and robots that continue to put factory and warehouse workers out of work. Optimistic when those same technologies are viewed as augmentation that improves the employee experience.
The notion that a renaissance man is more important today than ever is presented in recent Research by Burning Glass Technologies. Perhaps the best renaissance man of all time was Leonardo da Vinci, who was highly esteemed for his broad knowledge of many fields. The research concludes that we must all become more da Vinci-like in our careers. Said another way: learning a single skill in isolation has a short shelf life. Learning complementary skills becomes critical in what the research describes as a hybrid job economy.
In a recent Article, author Bernard Marr describes the five most important job skills of the future. A conversation that is tightly linked to the role of education, and a topic I have explored in Several Posts. Mr. Marr states that the pace of change is being driven by several factors. He paints a picture of an interconnected world that allows us to work remotely and with people from different cultures as easily as if they were in the office next door. The Healthy Extension of Life allows us to work longer, creating an age-diverse workforce. Combined with science fiction becoming reality, machines suddenly augment our skills and free us up to focus on higher-level activities.
This recent Article describes how Sergey Brin and Larry Page founded Google on the conviction that STEM expertise was the dominant piece of the capability profile – setting its hiring algorithms to look for computer science students with top grades from elite science universities. In 2013, they decided to test this hypothesis by analyzing the hiring, firing, and promotion data accumulated since their incorporation in 1998.