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Learning Today for Tomorrow's Jobs

6.9K views
•
January 24, 2019
by
World Economic Forum
YouTube video player
Learning Today for Tomorrow's Jobs

TL;DR

As jobs continue to evolve and automation becomes more prevalent, there is a need for individuals and institutions to adapt, retrain, and foster lifelong learning.

Transcript

people have moved out of agriculture into other jobs in the United States in in from in about 1960 to 2015 the number of people in manufacturing moved from about 25 percent of the economy down to 10 percent so we've seen shifts like this before we've gotten through them our panel is going to talk about what that is like and how we do that well thou... Read More

Key Insights

  • 💱 Lifelong learning and adaptability are essential in a rapidly changing job market.
  • 🉐 Companies that invest in employee training and development gain a competitive advantage in attracting and retaining talent.
  • 👨‍💼 There is a need for a comprehensive tripartite approach involving unions, businesses, and governments to ensure successful job transitions.
  • 🤔 Institutions should provide education that focuses on critical thinking, collaboration, and up-to-date skills.
  • ☄️ Funding for training and retraining can come from multiple sources including employers, government support, and individual contributions.

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Questions & Answers

Q: Is job displacement due to automation something to be worried about?

Yes, job displacement is a concern, but not a reason for panic. History has shown that while some jobs may be eliminated, new ones will be created.

Q: How can corporations help employees transition into new roles during times of job displacement?

Corporations should provide on-the-job training and upskilling opportunities to help employees adapt to changing job requirements. Additionally, a tripartite approach involving unions, businesses, and governments can provide support and policies for displaced workers.

Q: How can universities and colleges ensure that they are teaching relevant skills and knowledge?

Institutions should regularly update their curriculum to reflect current market needs. The focus should be on teaching critical thinking, collaboration, and relevant skills that can be applied across industries.

Q: Where should the funding for training and retraining come from?

The funding for training and retraining can come from a combination of sources such as employers, government support, and individual contributions. It is a social responsibility that requires collaboration among various stakeholders.

Summary & Key Takeaways

  • The panel discusses the need for individuals and corporations to be prepared for job displacement in the face of automation.

  • They highlight the importance of embracing STEM and service jobs as they continue to grow in the future job market.

  • The panel emphasizes the responsibility of corporations to provide on-the-job training and support for employees during times of change.


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