The Fourth Industrial Revolution has already started. Science and technology is blooming and flourishing. This will lay the first step for an upcoming revolution that is more comprehensive and all encompassing than anything there has ever been. As change comes, the social pattern will also potentially become challenging, and people all around the world will have to earnestly tackle it. The Future of Jobs Report specifies the imminent changes: it exhibits comprehensive knowledge from various professionals and field experts who can best observe the dynamics of work force and can study the upcoming shifts in terms of labor across industries and economies.
Major and dramatic changes in business models over the world will eventually have an extremely deep effect on the employment landscape in the future. It is established that the change will create a huge impact on jobs, which can range from excess under-employment to unemployment. By one popular estimate, 65% of children entering primary school today will ultimately end up working in completely new job types that don’t yet exist. In this constantly changing employment landscape, it is crucial for one to have the ability of being resilient and open to learning to prepare for future skill requirements and new job content. These highlighted individuals are an asset to society and organizations because they can ride the wave and make great use of this trend, hence achieving the outcomes that they desire. Anticipating and preparing for the current transition is therefore critical.
This report is a reminder for people to take action, fast. While the insinuations of current disruptions to business models for jobs are daunting, speedy adjustment to the new reality and its opportunities is achievable, provided there is strenuous effort by all stakeholders. By studying the projected future from the outlook of some of the world’s largest employers, we ultimately aim to educate people around the world on the predicted skill requirements in the future. We hope that this information can encourage and promote better relations between labor organizations and employers, which will help to manage the ever-changing impact of the Fourth Industrial Revolution in the areas of employment, skills and education.
There are many drivers of changes that affect the future of jobs, socially, economically and technically. Some of the drivers of change include changing working environments and flexible working arrangements, rapid urbanization and the rise of the bourgeois in emerging markets. Other technological factors include the rapid widespread of mobile technology and increasing business ventures on online platforms and also through crowd sourcing. These factors reflect on the un-stopping growth in today’s society and advancement in both socio-economic and technological factors that will play a huge role in affecting the employment landscape.
People should take out some time and become aware of these upcoming changes, regardless of your age. Changes in society affects each one of us just like other changes. It is more important for the young generation to realize the importance of such a study for it is going to affect their future; they have to start educating themselves in employment skills and their requirements. For the older generation, this study can be a source of enrichment to know about what the future that their own generation has built with their bare hands is going to be like, as a merit of their work over the past few years. Pioneers in this can also educate the younger generation through their experience on what is best for them.
‘Time and tide waits for no man.’ Time is an ongoing process and Mankind should never stop their quest for information for it will be a boon for the survival of upcoming generations. The current technological revolution does not have to be a race between humans and machines but rather, it should be viewed as an opportunity for work and a channel through which people can recognize their full potentiality. In order to achieve this goal, we must be cognizant of the ongoing changes and of our collective responsibility to lead our world through this transformative moment.