The Fourth Industrial Revolution is fast becoming a lived reality for millions of workers and companies around the world. The inherent opportunities for economic prosperity, social progress and individual flourishing in this new world of work are enormous, but they depend crucially on the ability of all concerned to instigate reforms in education and training systems, labor market policies, commercial approaches to develop skills, labor agreements and existing social contracts.
A new edition of “The Future of Jobs Report 2018”, carried out by the WEF (World Economic Forum), states that it is necessary to reach a better understanding of the potential of the new technologies, including automation and algorithms, to create new high-ranking jobs. quality and greatly improve the quality and productivity of the work of current human employees. As has been the case throughout economic history, it is expected that this increase in existing jobs through technology will generate entirely new tasks, from the development of the application to the drone piloting, the remote monitoring of the health of the patient and the certified care of the workers, which opens up opportunities for a completely new range of livelihoods for the workers. At the same time, it is also clear that the wave of technological advances of the Fourth Industrial Revolution is aimed at reducing the number of workers needed for certain work tasks while at the same time new roles with agile apprentices and trained talents will be demanded worldwide.
To avoid an undesirable scenario it is essential that companies recognize to invest in human capital as an asset rather than a liability and support their existing labor forces through re-qualification and upgrading of qualifications, so that people adopt a proactive approach to their own account, lifelong learning and that governments create an enabling environment, quickly and creatively, to assist in these efforts.
The adoption of the new technologies boosts the business growth, the creation of new jobs and the increase of the existing jobs, since that it can make the most of the talents a motivated and agile workforce equipped with future skills to take advantage of the new opportunities through recycling and continuous training.
Source: Web Forum.org