What knowledge workers can expect - Deepstash

deepstash

Beta

deepstash

Beta

Robots Won't Take Your Job, But They've Probably Already Changed It

What knowledge workers can expect

Your work is likely to be less repetitive.
  • By 2022, 62% (compared to 46% today) of an average business's data processing, information search, and information transmission tasks will be performed by machines.
  • Machines will do tasks like communication, management, and decision-making to some extent.
  • Entirely new jobs will likely emerge as technology isn't self-sustaining.
  • Though technologies like automation and AI will displace 75 million jobs globally by 2022, they'll also create 133 million new ones. 
  • A McKinsey analysis estimates that 8-9% of 2030's labor supply will be in roles that don't currently exist.

66 SAVES


EXPLORE MORE AROUND THESE TOPICS:

SIMILAR ARTICLES & IDEAS:

The future workforce
The future workforce

In the future, change is the only certainty.

Workers, employers, and education providers need to be agile, flexible and prepared to adapt as technology continues to interrupt industrie...

Education vs training

Until two decades ago, the general goal of colleges was for academic pursuits and teaching individuals to become more well-rounded. The general thought was that colleges were not vocational institutions.

Now, and possibly in the future, colleges will have to focus more on training and change their curriculum to meet the demands of employers.

Alternatives 

A four-year college education remains the best choice for those who can get admitted to a selective university. But for everyone else, an alternative path might be the best way to go.

In the future, one training path will be company-sponsored apprenticeship programs to cover the skills missing between the secondary system and what employers are looking for.

The model of future work

By 2030, up to 30 to 40 percent of all workers in developed countries may need to move into new occupations or upgrade their skill sets. Skilled workers in short supply will become even scar...

Employers should lead the way

The pace and scale that technology disrupts is a social, political and business challenge.
Employers are best placed to make a positive societal impact, for example, by upgrading the abilities of their employees and equipping them with new skills. Employers will also reap the greatest benefit if they can successfully transform the workforce in this way.

Talent is the largest barrier

Talent is the largest barrier to the successful implementation of new strategies.

Many leading businesses realize that it is quicker and more financially prudent to look internally and develop the talent they already have. Yet only a third of global executives report that their organizations have launched any new reskilling programs.

Automation Is Here

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...

Aim High

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.

Commit and Communicate

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.