Future of Work; A Perspective
"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn." Alvin Tofler.The speed at which the world is changing makes the above quote most relevant for the employees at the work place.
The factors which are likely to affect the Future of Work include amongst others;
1. Technological Advances
2. Geo Political Changes
3. ESG Awareness
4. Unexpected happenings and events like Corona
With automation, robotics, machine learning and artificial intelligence many white collar jobs shall disappear as it happened in the case of blue collar jobs in the Electronic Age earlier
In the past, men worked with hands and machines, and the focus was on productivity and efficiency. Then we moved to the current Knowledge Era where the brain power, through ideas and knowledge, has become the dominant force. Next Era will be dominated by Social and Emotional Intelligence, and it will find more acceptance in the work place as compared to Technical and Academic Intelligence. From hands to head to now the attention is likely to shift to the heart.
There will be greater disparity between Knowledge and Skills based employment. A small set of people shall dominate and control the world and a comparatively larger number of people will remain on the skill or delivery side. Subsequently, a large number of people may have no job or employment. It shall be challenging to engage such people through new set of products and services, or upskilling, which may come as a great business opportunity.
The factors which are likely to affect the Future of Work include amongst others;
1. Technological Advances
2. Geo Political Changes
3. ESG Awareness
4. Unexpected happenings and events like Corona
With automation, robotics, machine learning and artificial intelligence many white collar jobs shall disappear as it happened in the case of blue collar jobs in the Electronic Age earlier
In the past, men worked with hands and machines, and the focus was on productivity and efficiency. Then we moved to the current Knowledge Era where the brain power, through ideas and knowledge, has become the dominant force. Next Era will be dominated by Social and Emotional Intelligence, and it will find more acceptance in the work place as compared to Technical and Academic Intelligence. From hands to head to now the attention is likely to shift to the heart.
There will be greater disparity between Knowledge and Skills based employment. A small set of people shall dominate and control the world and a comparatively larger number of people will remain on the skill or delivery side. Subsequently, a large number of people may have no job or employment. It shall be challenging to engage such people through new set of products and services, or upskilling, which may come as a great business opportunity.
No comments:
Post a Comment