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CBRE and Genesis report on future of work and jobs becoming redundant

50% of jobs won’t exist in 2025



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By 2030, traditional workplaces will be in the minority. The rows of desks we see almost everywhere will be completely redundant. Not because they are not fit for purpose, but simply because that purpose will no longer exist, says a new study.

What emerged from the research by CBRE and Genesis with business leaders and focus group discussions with young people in Singapore, Hong Kong and other cities, was a consensus that the next 15 years will see a revolution in workplaces, and the way people work.

A leading driver of this revolution will be artificial intelligence. As a result, process work, customer work and vast swathes of middle management will simply disappear, leading to 50% of today’s occupations no longer existing in 2025.

The new jobs will require creative, social and emotional intelligence, and are anticipated to be “immensely more fulfilling than today’s jobs.”

These jobs are expected to be conducted in a new type of workplace, noted as “activity based working”. This was defined by a variety of quiet retreats as well as collaborative settings, best suited for work at that particular moment – in other words, “places to work”, not “workplaces”.

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Employees also listed “purpose” being more important to them than “financial success.” This trend was particularly evident in young workers, an outlook that was keenly shared by Asian parents for their children, said the report.

Another strong Asian trend was in the appetite of youth for change. Focus groups in Shanghai, Beijing, and Tokyo were determined to rethink the experience of work and push their superiors to change, while opinions from New York and London were more conservative.

An aspect that 85% agreed on was that work and life will become more enmeshed for more people by 2030.

“There will be a competitive advantage to organisations that nurture the discipline of knowing when to switch devices off and talk face to face.”

Image: Shutterstock



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