Technology experts and economists are engaged in a growing debate about the effect of automation technologies in the workplace. Some “techno-pessimists” are concerned about the mass destruction of jobs, while “techno-optimists” see considerable productivity gains for the economy that will in turn help create new work opportunities. Technology in the past has tended to create more jobs than it destroys, at least in the long run. Could this time be different?
With today’s technology, roughly half of the tasks that people do can be automated. That’s a staggering figure. But just as interesting, and maybe even more important, is that only 5 percent of jobs can be entirely automated. What it means is that, increasingly, all jobs are going to be affected. The way we work is going to shift over time as machines and machine learning and artificial intelligence start to take over some pieces of what we do. That will require people to adapt and change. And jobs, occupations as we know them today, will shift.
Chosen excerpts by Job Market Monitor. Read the whole story at The digital future of work: What will automation change? | McKinsey & Company
For young people today, what’s clear is that they’re going to need to continue to learn throughout their lifetime. The idea that you get an education when you’re young and then you stop and you go and work for 40 or 50 years with that educational training and that’s it—that’s over. All of us are … Continue reading
Highlights from the Symposium featuring voices from the world of work, leading thinkers in government and academia, and the youth on the challenges we’ll face in the Future of Work. Related Posts Education, Training and The Future of Work – Five majors issues POSTED BY MICHEL COURNOYER ⋅ MAY 4, 2017 ⋅ LEAVE A COMMENT Some … Continue reading
Some 1,408 responded to the following question, sharing their expectations about what is likely to evolve by 2026: In the next 10 years, do you think we will see the emergence of new educational and training programs that can successfully train large numbers of workers in the skills they will need to perform the jobs … Continue reading
Highlights from award-winning economic historian Robert Skidelsky giving a keynote address about the future of work with remarks by ILO Director-General Guy Ryder.
Gender gap in participation rates is not expected to improve over the coming 15 years Few countries combine an environmentally sustainable footprint with decent work Declining labour force participations rates will exacerbate demographic changes Migration is likely to intensify in the future as decent work deficits remain widespread Global supply chain related jobs go well … Continue reading
Future of Work – We are not facing an employment crisis but a work revolution the World Employment Confederation (International Confederation of Private Employment Services) says
The World Employment Confederation (formerly Ciett) looks into the future of work and urges policymakers to cooperate with the employment industry to determine enhanced international labour regulation As the world of work becomes increasingly flat and interconnected, new global labour policies and regulation are required to deal with issues that go beyond national or regional … Continue reading
Automation, digital platforms, and other innovations are changing the fundamental nature of work. Understanding these shifts can help policy makers, business leaders, and workers move forward. Policy makers will need to address issues such as benfits and variability that these digital platforms can raise. Accelerate the creation of jobs in general through stimulating investment and … Continue reading
Are these types of platforms an economic boon to workers who want a flexible way togenerate income? Or are they the latest sign of worsening income inequality and a fraying safety net for workers? The answer is a little bit of both. Recent research from the McKinsey Global Institute examined the economic potential associated with … Continue reading
The topic of job displacement has, throughout US history, ignited frustration over technological advances and their tendency to make traditional jobs obsolete; artisans protested textile mills in the early 19th century, for example… A conversation Reid Hoffman: If you look at most of the automation, it comes down to man–machine combinations. And all productivity means … Continue reading
Explore the world of work in 2025 in a revealing evidence-based report by future consultants The Future Laboratory and Microsoft, which identifies and investigates ten exciting, inspiring and astounding jobs for the graduates of tomorrow – but that don’t exist yet. Virtual Habitat Designer By 2025, virtual habitat design will offer some of the most … Continue reading
Amazon’s $13.4 billion purchase of Whole Foods, announced Friday, could speed that vision along. Amazon has already made shopping for almost everything involve spending less time waiting, doing work or interacting with people, and now it could do the same for groceries. It’s already trying with a store in Seattle, Amazon Go, that has no … Continue reading