Preparing the work force for Industry 4.0
Five years from now, over one-third of skills (35%) that are considered important in today’s workforce will have changed. By 2020, the Fourth Industrial Revolution will have brought us advanced robotics and autonomous transport, artificial intelligence and machine learning, advanced materials, biotechnology and genomics. These developments will transform the way we live, and the way we work. Companies should re-train their employees to equip them with the skills necessary to face the Fourth Industrial Revolution. The re-training of the workforce is sometimes considered as the number one challenge. Some jobs will disappear, others will grow and jobs that don’t even exist today will become commonplace. What is certain is that the future workforce will need to align its skill set to keep pace. In a new World Economic Forum report, The Future of Jobs, looks at the employment, skills and workforce strategy for the future.