Are You Ready for The Future of JobsIMDA
The question “Will your job be replaced by a robot?” is a hot topic these days. And it’s far from being rhetorical.
With rapid and accelerating technological progress, experts predict that many of today’s jobs will be automated within two decades. A 2013 Oxford University study estimates that 47% of jobs in the United States is at risk of elimination by technology in 2030. In MIT Technology Review’s “Asia’s AI Agenda” report, some 70% of HR executives surveyed felt that artificial intelligence (AI) and robotics adoption will result in significant job losses in Asia over the next five years.
In the Fourth Industrial Revolution (4IR), the new wave of digital and smart technologies will spark off the “creative destruction” of jobs and re-invent the future of work. Workers in every profession and industry must now brace themselves for rising competition – not just from workers from overseas – but increasingly from intelligent technologies.