www.business-review.eu Business Review | November 2020
30 TECHNOLOGY
Pandemic accelerating labour market transformation By 2025, across 15 industries and 26 economies, there may be 97 million new roles that will be better adapted to the new division of labour between humans, machines, and algorithms, according to data gathered by LinkedIn, Coursera, and the World Economic Forum in the 2020 Future of Jobs Report. However, job disruption will be counterbalanced by job creation in new fields, researchers predict: the jobs of tomorrow. By Romanita Oprea adoption of new technologies and increasing demand for new products and services. But they also showcase the continuing importance of human interaction in the new economy through roles in marketing, sales, content production, and other positions that require "soft" communication skills. At a time when working from home has become a necessity, workers are increasingly looking to learn personal development and self-management skills, Coursera found. Furthermore, tapping into that necessity, universities are opening up their curricula and offering free courses to people who are interested in being better at their jobs, acquiring new skills or even changing their jobs completely to adapt to the new reality. According to the research, the top skills of 2020 include writing, strategy, mindfulness, Data and AI, product development and cloud computing are some of the emerging professions
"
meditation, gratitude, kindness, listening, and grammar. This is in clear contrast to the
Over the coming decade, a non-negligi-
off" and tend to recruit people with very
more technical skills that were in focus in
ble share of newly created jobs will be
specific skillsets. More than 70 percent of
2019, such as Python coding, artificial neural
in wholly new occupations or existing
those moving into the product development,
networks, algorithms, regression or deep
occupations undergoing significant transfor-
data and AI clusters come from different job
learning.
mations in terms of their content and skills
families; but figures for the engineering and
requirements," the report reads.
people and culture segments are signifi-
RESKILLING AND THE AI REVOLUTION
cantly lower, with 19 percent and 26 percent
In this context, The World Economic Forum
respectively.
has launched a new initiative, called the
Demand is growing for roles like data analysts and scientists, AI and machine learning specialists, robotics engineers, software and application developers, and digital trans-
Reskilling Revolution, a coordinated multistakeholder effort to provide training and
formation experts. Some of these emerging
NEW TECHNOLOGIES AND UNLEASHED HUMAN POTENTIAL
professions will be easier to break into than
According to data gathered by Coursera, it's
2030. A third of all global jobs will be trans-
others. These include data and AI, product
common for individuals moving into data
formed by technology over the next 10 years.
development, and cloud computing, where
and AI to lack key data science skills, but
The United States, France, Russia, India, the
transitions "do not require a full skill match
that it's possible to master those skills, such
United Arab Emirates, Pakistan, and Brazil
between the source and destination occupa-
as statistical programming, within a recom-
were among the first countries to join the
tion," according to the report. But some job
mended time frame of around 76 days of
World Economic Forum initiative, whose
clusters of tomorrow remain more "closed
learning. The jobs of tomorrow reflect the
main purpose is to build social cohesion and
development to reskill 1 billion people by
