world economic forum report
How to Compete With Technology in the Age of Automation
As technology, including robots, artificial intelligence, machine learning, and other forces change the nature of work, employees will need new skills to adapt to shifting roles. Research firm Gartner predicts that employees who regularly update their skill sets and invest in new training will be more valued than those with experience or tenure. But it's not going to be easy. The World Economic Forum's "Future of Jobs 2018" report estimates that, by 2022, more than half (54%) of employees will require significant skills updating or retraining. More than one-third (35%) will need about six months to get up to speed, while nearly one in five will require a year or more of additional training.
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How robots moved from science fiction into the real world in 2016
Millions of jobs could be lost to robots and automation by the year 2020 as part of the so-called "fourth industrial revolution," according to a World Economic Forum report from January. Jobs such as manufacturing and production are expected to be affected by the rise of the machines, while a whole new line of jobs will also be created, including I.T. and data analysis. However, the net loss is expected to be around five million jobs within the next three years. There may be a smidgen of hyperbole in that statement, but you only have to look at some of the developments of the past twelve months to realize that robots are here to stay and they will start adversely affecting employment. Here, we take a look back at some of the landmark moments and trends from across the robot realm in 2016.
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