Job Market Monitor
The Future of work
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
Cashiers, The Future of Work and Amazon’s purchase of Whole Foods
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
Many activities that workers carry out today have the potential to be automated
Technological change has reshaped the workplace continually over the past two centuries since the Industrial Revolution, but the speed with which automation technologies are developing today, and the scale at which they could disrupt the world of work, are largely without precedent. MGI research on the automation potential of the global economy, focusing on 46 … Continue reading
The Future of Work – What do we want ? (video)
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.
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