Set photo in the Job Report 2020

Aug 6th, 2022
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How to set photo in the Job Report 2020

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The World Economic Forum has released the Future of Jobs Report 2020, following its previous report from 2018, which projected trends into 2023 amidst the context of the Fourth Industrial Revolution and advancements in technology and automation. The 2020 report addresses the accelerated impact of the COVID-19 pandemic on the future of work, highlighting the rapid adoption of technology. It aims to provide insights for aligning labor markets and workers with current opportunities. The report emphasizes the evolving job landscape and the need for adaptation in response to these changes. Today, we will review the key highlights from this report.

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The robot revolution will create 97 million new jobs. As the economy and job markets evolve, new roles will emerge across the care economy in technology fields (such as artificial intelligenceAI) and in content creation careers (such as social media management and content writing).
But the most recent World Economic Forum meeting in Davos, presented a dj vu moment: An IMF report concluded that 40% of jobs around the world will be affected by AI. In advanced economies, that rises to 60% of jobs set to be affected by machine learning, with about half being negatively impacted.
The Future of Jobs Report 2023 explores how jobs and skills will evolve over the next five years. This fourth edition of the series continues the analysis of employer expectations to provide new insights on how socio-economic and technology trends will shape the workplace of the future.
Many studies have predicted the likelihood that jobs will be replaced by AI. Yet we know that in many cases AI is likely to complement human work. The IMF analysis captures both these forces. The findings are striking: almost 40 percent of global employment is exposed to AI.
The top skills and skill groups which employers see as rising in prominence in the lead up to 2025 include groups such as critical thinking and analysis as well as problem-solving, and skills in self-management such as active learning, resilience, stress tolerance and flexibility.
The IMF noted that about 60% of jobs could be impacted by AI in high-income nations, and roughly half of these may benefit from AI integration to boost productivity. Comparatively, AI exposure was estimated to come in at 40% in emerging markets and at 26% in low-income countries, respectively.
How many jobs will be lost to ai by 2025? The World Economic Forum has estimated that artificial intelligence will replace some 85 million jobs by 2025.
Top 10 skills of the future: Analytical thinking and innovation. Active learning and learning strategies. Complex problem-solving. Critical thinking and analysis. Creativity, originality and initiative. Leadership and social influence. Technology use, monitoring and control. Technology design and programming.

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