Could these statistics REALLY be true? Could that many jobs be eliminated and new ones be created in the next decade or two?
Today, artificial intelligence is being used to coach employees, haggle about the price of goods, teach students math, write books and create legal documents. Robots are being used to perform surgery from hundreds of miles away, clean out radiation contaminated sites, befriend and care for the elderly, and perform complicated procedures in space. Space travel for civilians is near to being a viable reality, automated medical pods may soon be able to diagnose and treat soldiers remotely, and transportation of goods may soon be done via a hyperloop that can move products at the speed of a jet, but do it on the ground and completely unmanned.
What might be next? Personal Ironman jet suits? Oh, wait, those already exist too.
Adam Savage and team built a real life "Ironman" suit with the ability to fly.
What impact will these innovations have on your life, both personally and professionally?
Within the next decade, over half the workforce will require significant upskilling or reskilling. While most will be able to complete this new learning within 6 months, it’s predicted approximately 20% will need more than 6 months new training.
More jobs are predicted to be added to the workforce than lost. Unfortunately, there is a severe shortage of people qualified for those new roles because the skills needed aren’t being taught in schools.
The average proportion of skills predicted to remain the same for a role over the next decade is less than 60%, meaning even if a role stays the same, it’s likely that 40% of the skills needed to perform the job will need to be learned.
It’s not all about technology. Improved “human skills” like creativity, initiative, critical thinking, persuasion, emotional intelligence, social influence, and service orientation will all be in greater demand and valued more in the future than they are today.
Almost 25% of companies don’t plan on reskilling current employees. Most companies expect that employees will pick up the skills they need for new roles on their own.
Although COVID forced employees to work from home, over half of employers anticipate that most of their employees will continue to work remotely at least part time even if there isn’t a global pandemic. (PWC, 2020)
With all of this in mind, what is the most valuable skill you could develop in order to remain relevant in the future?
The ability to breakthrough -
to let go of old standards for life and work
and adapt quickly to change -
is the most valuable skill you can develop.
Are you ready?
Want to make sure you and your team are better prepared for what is coming?
Invest in developing the 8 traits that are critical to thriving in uncertainty.