The Future of work

This tag is associated with 33 posts

The Future of Work, Dystopia or Utopia – Brookings Vice President Darrell West on the issue (video)

Emerging technologies like artificial intelligence and robotics will have a dramatic impact on the future of work. Already, today’s most valuable technology companies employ about one-fifth as many workers as the most valuable companies in the 1960s. Estimates of workforce displacement due to automation range from the OECD’s 14 percent of current jobs to the … Continue reading

The Collision of Demographics, Automation and Inequality – The deceleration in labor force growth in OECD countries could result in a $5.4 trillion GDP shortfall by 2030

Demographics, automation and inequality have the potential to dramatically reshape our world in the 2020s and beyond. Our analysis shows that the collision of these forces could trigger economic disruption far greater than we have experienced over the past 60 years (see Figure 1). The aim of this report by Bain’s Macro Trends Group is … Continue reading

The Future of Work – Wages, income inequality, skills and transition

For large shares of the population in the advanced economies, there has really been no positive movement or no sense of progress in terms of where their incomes have gone over the last one to two decades. When we looked at the data across the US as well as a set of European economies, we … Continue reading

Future of Work – Automation has not been employment-displacing but has reduced labor’s share in value added study finds

Is automation a labor-displacing force? This possibility is both an age-old concern and at the heart of a new theoretical literature considering how labor immiseration may result from a wave of “brilliant machines,” which is in part motivated by declining labor shares in many developed countries. Comprehensive evidence on this labor-displacing channel is at present … Continue reading

The Future of Work in Australia – Many jobs will get better, but we will need different skills to do them report says

Over the past 70 years, the nature of work in Australia has transformed. The rst major shi was a gradual transition in the industries Australians worked in. Jobs in construction, manufacturing, mining and agricultural decreased while service sector jobs increased and now employ 80 per cent of Australians. A second shift has been an increase … Continue reading

Future of Work in Canada – Which provinces are ready?

Some provinces, with more economic diversification or a concentration of workers in areas that are not very susceptible to automation, appear to be better situated for technological change than others, according to a new report from the C.D. Howe Institute. In “Risk and Readiness: The Impact of Automation on Provincial Labour Markets,” author Rosalie Wyonch … Continue reading

The Future of Work in the Automotive Sector – Deteriorating employment and working conditions.

This summary report on the future of work in the automotive sector focuses on the major changes facing the sector. These include: the rise of emerging economies, new mobilities, the “greening” of the product, and the digitalization of production. This is in order to identify the main challenges for employment and industrial relations and to … Continue reading

The Future of Work – Four ways work will change

Speakers at “The Future of Work,” an all-day symposium held at Stanford’s Frances C. Arrillaga Alumni Center on August 30, explored the changing workplace, new possibilities for higher education, and technology’s impact on careers and industries. The event, attended by about 300 people, was presented by Stanford Career Education and OZY EDU, the education arm of … Continue reading

The Future of Work in Europe – A union perspective

“Yes we can, but no we’re not” Just before the final plenary session, the conference’s ‘themeweaver’ Jacki Davis summarised three days of intense discussion on ‘shaping the new world of work’. “The stakes could not be higher,” she stated, in an economy witnessing increased robotisation and digitalisation. The reshaping of the world of work brings … Continue reading

The Future of Work – A false alarmism that contributes to a culture of risk aversion and holds back technology adoption

In this study we use a novel and comprehensive method to map out how employment is likely to change, and the implications for skills. We show both what we can expect, and where we should be uncertain. We also show likely dynamics in different parts of the labour market — from sectors like food and … Continue reading

The Future of Work – Erica Groshen, former head of the U.S. Bureau of Labor Statistics on

There is growing attention being paid to the future of work, and concern that changing work relationships—for example, independent contractors, contract agency workers, gig workers, app-based workers, etc.—are evolving faster than BLS can develop the tools to measure. How has BLS considered collecting data to document these forms of work? The main thing BLS has … Continue reading

The Future of Work – Artificial Intelligence (AI) won’t replace most jobs but people using it are starting to replace people who don’t

As AI is increasingly applied to knowledge work, a significant shift will likely take place in the workplace, affecting many jobs in the Western middle class. Contrary to recent dire predictions about AI’s effect on employment, our survey suggests cautious optimism. Most respondents, for example, do not expect that AI will lead to a reduction … Continue reading

The future of Work – Adaptability is the key

One clear lesson arises from our analysis: adaptability – in organisations, individuals and society – is essential for navigating the changes ahead. It’s impossible to predict exactly the skills that will be needed even ve years from now, so workers and organisations need to be ready to adapt – in each of the worlds we … Continue reading

The Future of Work – A framework for understanding 

What are the components that collectively constitute “the future of work”? Perhaps the logical place to begin is with the forces that are driving these changes (figure 1). Based on our experience and research, we have identified three forces that are shaping the nature of future work and the future workforce: Technology. Technological advances—for example, … Continue reading

The Future of Work – The skills that will count

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

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