What Next for Jobs? | Summary and Q&A

3.5K views
May 2, 2023
by
World Economic Forum
YouTube video player
What Next for Jobs?

TL;DR

With the increasing need for reskilling and the shift towards green transition, the job market is facing unprecedented changes and challenges but also presenting significant opportunities.

Install to Summarize YouTube Videos and Get Transcripts

Key Insights

  • 🌍 Reskilling efforts are critical for adapting to the changing job market and should be a joint effort among individuals, corporations, governments, and international organizations.
  • 💚 The green transition presents significant job opportunities, particularly in sectors like renewable energy, waste management, and sustainable agriculture.
  • ✋ Collaboration between higher education institutions, businesses, and students is essential for effective reskilling and career development.
  • 💚 Developing countries can benefit from the green transition by actively participating in sustainable industries and attracting foreign investments.

Transcript

Read and summarize the transcript of this video on Glasp Reader (beta).

Questions & Answers

Q: Who is responsible for reskilling the workforce - individuals, corporations, governments, or international organizations?

Reskilling is a joint responsibility, with individuals, corporations, governments, and international organizations each playing a role. Individuals need to take ownership of their career path and continuous learning. Corporations should offer training and career development opportunities. Governments need to provide supportive policies and funding for reskilling programs. International organizations can facilitate dialogue and collaboration in tackling global workforce challenges.

Q: How can developing countries benefit from the green transition and reskilling efforts?

Developing countries can benefit from the green transition by actively participating in sustainable industries, such as renewable energy and waste management. Governments can attract foreign investments by offering incentives and creating a skilled workforce through reskilling programs. Collaborative efforts with developed countries can also facilitate knowledge and technology transfer, fostering economic growth and job creation.

Q: How can collaboration between higher education institutions, businesses, and students lead to more effective reskilling?

Collaboration among higher education institutions, businesses, and students is crucial for effective reskilling. Higher education institutions should reimagine education as a continuous learning journey and equip students with change-making skills. Businesses should treat employees as valuable assets, provide a conducive work environment, and invest in reskilling programs. Students need to see themselves as change-makers and actively participate in their own career development.

Q: Are there specific challenges that emerging nations face in reskilling and taking part in the green transition?

Emerging nations may face challenges in terms of resources, capacity building, and geopolitical conflicts. However, they can leverage international partnerships and funding mechanisms to bridge these gaps. By focusing on a skilled workforce, attracting foreign investments, and targeting sustainability initiatives, emerging nations can participate effectively in the green transition and reap the benefits of job creation and economic growth.

Summary & Key Takeaways

  • The job market is undergoing significant changes, driven by new technologies, the green transition, and global social structures collapsing.

  • Around 69 million new jobs will be created in the next five years, but there will also be a net loss of 14 million jobs due to the rapid changes and advancements in various industries.

  • The need for reskilling and lifelong learning is critical to adapt to these changes and to ensure individuals have the right skills for the evolving job market.

Share This Summary 📚

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on:

Explore More Summaries from World Economic Forum 📚

Summarize YouTube Videos and Get Video Transcripts with 1-Click

Download browser extensions on: