View: Need to prepare the workforce for the future of jobs
The world of work is evolving at an unprecedented pace, driven by rapid advancements in technology, globalisation, and shifting societal needs. Three recent trends in the G20 countries that are going to alter the nature of work in the future are globalisation, technological progress and demographic change
Source | economictimes.indiatimes.com | Pradeep S. Mehta and Palashka Jha, ET CONTRIBUTORS
India has a large youth population, one of the highest in the world. We need to find gainful employment for them, which requires developing new skills as job profiles are also changing rapidly. These skills are dynamic in nature, so how are we going to cope with the development? If the youth is not well prepared for the changing scenario of the skills required for future jobs, there is a danger of them becoming a social liability. No one wants such a situation so what should be done.
The world of work is evolving at an unprecedented pace, driven by rapid advancements in technology, globalisation, and shifting societal needs. Three recent trends in the G20 countries that are going to alter the nature of work in the future are globalisation, technological progress and demographic change. These are going to affect the quality and quantity of jobs that are available.
The future of jobs will be driven by these trends as new technologies and new markets will generate more productive jobs. In 2030, it is going to be demanding. Furthermore, the influence of Artificial Intelligence and automation will be very significant. Therefore, our young generation must be prepared by imbibing these skills. Skilling and reskilling the present workforce and young people are the need of the hour, as new technological progress and new markets are emerging all around the world. What we are experiencing with the advent of new technologies such as artificial intelligence, smart machines, virtual reality and blockchain, are already affecting our everyday lives.
