How to prepare your kids for jobs that don't exist yet
Children should be multi-disciplined. The focus of schools from the Industrial Age is to become really good at one thing. But this is dangerous for the next generation.
Encourage kids to become good at more than one thing. Children should be knowledgable about more than one subject area, giving them adaptability. Or, let them try out a lot of different stuff. Having a variety of experience will be very valuable.
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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 customers, along with the society at large.
A McKinsey study estimates that around 50 percent of current work could be automated, and companies that support automation and AI end up creating better jobs.
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.