How to prepare your kids for jobs that don't exist yet
Our ability to make sense of the world is our biggest asset. While artificial intelligence is good at repetitive tasks, humans are good at discovering creative solutions.
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Automation has a huge potential to change the nature of work, freeing up workers from tedious, repetitive, and precision work. Automation is a transformational change for owners, employees and...
A thorough reassessment is required of how the company operates and how best to capture the impact of automation.
Companies who have just automated on the surface have had small and limited results that don't last. Companies that have understood and deployed the high-risk, high-reward proposition have completely transformed it's business offerings and have become market leaders. They have also redeployed the freed up workforce and provided additional services, even turning their competitors into customers.
A joint effort of commitment and communication is essential for a thorough approach to automation and has to be led by top management.
Apart from IT, all stakeholder groups like HR, Operations, Business Units have to be engaged, and communicate consistently.
Our culture claims that work is unavoidable and natural. The idea that the world can be freed from work, wholly or in part, has been suppressed for as long as capitalism has existed.
The work ideology is not natural nor very old.
Successfully combining mathematical and interpersonal skills will be the gateway to many rewarding opportunities.
Along with mathematical ability, soft skills, like empathy and coopera...
“Without urgent and targeted action today, to manage the near-term transition and build a workforce with future-proof skills, governments will have to cope with ever-growing unemployment and ine...
“Without urgent and targeted action today, to manage the near-term transition and build a workforce with future-proof skills, governments will have to cope with ever-growing unemployment and inequality, and businesses with a shrinking consumer base.”
Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.
Automation will do away with most existing jobs but it will also create new ones. Retraining in a massive scale will be necessary.
In particular, manual laborers are at risk of unemployment in the absence of retraining, as the new jobs will be in more specialized areas. Governments and employers in every sector are being urged to retrain and re-skill workers to avoid a crisis.