Future of jobs – level 3

05-05-2023 07:00

A survey conducted by the World Economic Forum reveals that approximately 25% of jobs will undergo significant changes in the next five years.

The report indicates that by 2027, 69 million jobs will be created while 83 million jobs will be eliminated, resulting in a net employment decrease of 2%. The survey incorporates input from over 800 companies that employ more than 11 million workers and utilizes a dataset of 673 million jobs. The report highlights technology and digitalization as the catalysts for both job creation and destruction.

Secretarial and clerical roles such as bank tellers and cashiers are expected to decline rapidly due to automation, while there will be a growing demand for experts in AI, machine learning, and cybersecurity.

Difficult words: dataset (a collection of data), catalyst (an event or person that causes great change), cybersecurity (the protection of internet systems and information from digital attacks).

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What implications do the World Economic Forum's survey results have for the future of work?


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