post / January 19, 2016

10 data points from the new "2020 Future of Jobs" World Economic Forum report

Ten data points from the World Economic Forum Future of Jobs report.

167-page Future of Jobs report from World Economic Forum is out.

Education

  • 65% of children entering primary school today will ultimately end up working in completely new job types that don’t yet exist yet
  • 50% of subject knowledge acquired during the first year of a four-year technical degree outdated by the time students graduate

On AI

  • Artificial intelligence and machine learning is #7 on the list of tech drivers of change
  • AI is viewed as eliminating -1.56% of jobs till 2020

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On Crowdsourcing

  • Crowdsourcing, the sharing economy and peer-to-peer platforms is #5 on disruptors list
  • Leveraging flexible working arrangements and online talent platforms is viewed as an imperative tool for HR

Net effect

  • Net employment impact of more than 5.1 million jobs lost to disruptive labour market changes over the period 2015–2020
  • Total loss of 7.1 million jobs— two thirds of which are concentrated in the Office and Administrative job family
  • Total gain of 2 million jobs, in several smaller job families

Originally published on LinkedIn.