In March, responding to Mark Cuban’s comments to how Artificial Intelligence was going to change the workforce, the current Treasury Secretary, when questioned about Cuban’s comments, inferred that, “Artificial intelligence is so far in the future that it’s not even on my radar screen. We won’t have to worry about how it affects the workforce for 50 to 100 more years.” (per Business Insider)
Which, for many, was a shocking comment, to say the least…
Especially in that it was in direct contrast to what was shared in December of 2016, in which the White House released two reports, Artificial Intelligence, Automation, and the Economy, which was a follow up to the Administration’s previous report from October of 2016, Preparing for the Future of Artificial Intelligence. A report that indicated that “as many as 47% of all American jobs could be at risk from artificial intelligence in the next two decades.”
The following was shared in regards to these reports…
“Although it is difficult to predict these economic effects precisely, the report suggests that policymakers should prepare for five primary economic effects:
Positive contributions to aggregate productivity growth;
Changes in skills demanded by the job marked, including greater demand for higher-level technical skills;
Uneven distribution of impact, across sectors, wage levels, education levels, job types, and locations;
Churning of the job market as some jobs disappear while others are created; and
The loss of jobs for some workers in the short-run and possibly longer depending on policy responses.”
To add, in an article shared by Gizmodo, “According to a study by the Center of Business and Economic Research at Ball State University, 5.6 million manufacturing jobs were lost in the U.S. between 2000 and 2010. An estimated 85% of those jobs were actually attributable to technological change-largely automation.”
While CNBC shares, “The White House Council of Economic Advisors (CEA) ranked occupations by wages and found that 83% of jobs making less than $20 per hour would come under pressure from automation, as compared to 31% of jobs making between $20 and $40 per hour and 4% of jobs making above $40 per hour.”
And it isn’t only the threat of automation and artificial intelligence that is changing work.
According to a recent article from World Economic Forum, “The days of working for 40 years and retiring with a good pension are gone. Now the average time in a single job is 4.2 years, according to the U.S. Bureau of Labor Statistics. What’s more, 35% of the skills workers need – regardless of industry – will have changed by 2020.”
To add to that, on the U.S. Bureau of Labor Statistics webpage, “Individuals born in latter years of the baby boom (1957-1964) held an average of 11.9 jobs from age 18-50.”
The World Economic Forum Future of Jobs of Survey adds that, “On average, by 2020, more than a third of the desired core skill sets of most occupations will be comprised of skills that are not yet considered crucial to the job today, according to our respondents.”
To say we live in very interesting times would be an understatement. While some find this new world exciting and filled with possibilities for change, others see it as tumultuous, chaotic, and even a bit scary. But one thing we can say, is that after years of incremental change, we now stand on the cusp of some very steep and disruptive shifts. Our individuals, our organizations, our systems, our governments, and even our societies are facing some very unsteady and uncertain winds created by the pace and acceleration of change in today’s world.
Winds that are heightening our awareness of the vast unknowns emerging from this future.
And awareness of what is emerging is vital to our ability to design a better future. Otherwise, we will continue to create larger gaps and ongoing disconnects for individuals, organizations and our systems. We can ill afford to be overcome by the urgency and plethora of technical problems, while barely sensing, let alone keeping up with the a whole new set of adaptive challenges that are arising.
We can ill afford to face this new and emerging future overwhelmed, unequipped and unprepared.
We can ill afford to…
- Have a lack of awareness
- A lack of vision
- A lack of clarity
- A lack of communication
We can be certain that content knowledge is no longer enough for success in a world and workforce that has shifted exponentially. A world and workforce that is facing an uncertain future from what automation and artificial intelligence might do, might create, and the affects it may have on us, our organizations, our systems, our governments and our societies.
We can ill afford to wait for these uncertainties to become certainties. We have to determine those “unknown” skills and abilities that will help prepare our generations to come for those “unknowns” and the “jobs that are yet to exist.”
Skills that Singularity Hub share as; critical thinking and problem solving, collaboration across networks and leading by influence, agility and adaptability, initiative and entrepreneurship, effective oral and written communication, assessing and analyzing information, and curiosity and imagination.
Or as CareerBuilder would add as; adaptability, self-motivation, networking, self-awareness, and computer coding.
And the Institute for the Future’s 10 Skills for the Future Work of 2020; sense-making, social intelligence, novel and adaptive thinking, cross-cultural competency, computational thinking, new media literacy, transdisciplinary, design mindset, cognitive load management, and virtual collaboration.
“According to a 2016 Pew Research Center survey, The State of American Jobs, found that 87% of workers believe it will be essential for them to get training and develop new job skills throughout their work life in order to keep up with changes in the workplace.”
Which gives an entirely new meaning to the idea of lifelong learner…
Creative, innovative, imaginative thinking will always be valued, but we are finding that its value is expanding in an age of increasing automation and artificial intelligence.
Engaging and infusing skills and abilities into the educational world of content, better prepares our next generation for a world that is shifting and emerging through a fog of uncertainty and unknowns. While we can never predict the future, greater awareness does allow us to forecast and better prepare for whatever is to emerge…
“However much change you saw over the last 10 years with the iPhone, over the last 20 years with the Internet, over the last 30 years with with PC’s, that is nothing. Nothing! Things are getting faster, processing is getting faster, machines are starting to think, and either you make them think for you or they will take your place and do the thinking for you. That could be problematic for many people.” -Mark Cuban via CNBC