What does the future of work look like? A dystopian world of AI, automation and robots easily springs to mind. But this is too simplistic according to a report by law firm Eversheds Sutherland. Instead, it needs to be viewed as a process says the report that includes numerous factors that include decisions made by governments, employers and individuals.
“Demographic changes could lead to new forms of education of continuous learning, with increased opportunities in a gig or sharing economy with accompanying legal framework to allow businesses to tap into,” says Author of the report Jennifer van Dale, head of Eversheds Sutherland’s Hong Kong and Asia Pacific employment practice.
“The pace of technological advances is faster but not new. It is highly probable that demand for higher skilled workers in creative and managerial positions will increase, therefore leading to increased investments in education and re-skilling displaced workers.”
The report also compares what it predicts to be the top 10 in-demand skills of the future compared with 2015. Problem solving remains top of both lists. Critical thinking moves from 4th in 2015 to 2nd in 2020 and creativity shoots from 10th in 2015 to third in 2020.
“Economic and political events will continue to play a big part. When choices are made at a national level – education, job training, investments and research & development are affected, all of these factors can be determinative in the future of work,” says van Dale.
As well as the social habits of different generations will drive change to the workforce she adds, “studies show that millennials have different views about collaboration and privacy – these changes in attitudes permeates how we work. The gig economy that would arise raises the questions whether the future of work allows us to tie tax revenues and social safety nets to jobs.
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