Wednesday, November 11, 06:21
Home inet Technology will lead millions to unemployment (will new jobs be created?)

Technology will lead millions to unemployment (will new jobs be created?)

A new report by World Economic Forum (WEF) showed that over the next five years, 85 million jobs could be lost, as they will be replaced by technology. However, the same report says there could be a balance, as it is likely to create 97 million new roles. To do this, of course, businesses and Governments need to make extra efforts to upgrade and train their workforce.

Technology will lead millions to unemployment (will new jobs be created?)

Technology has greatly facilitated and automated it work of the people. For years, experts have been talking about the "Fourth Industrial Revolution." However, in 2020, due to the pandemic Mesures COVID-19, there have been changes that have significantly affected the work, earlier than expected.

The pandemic Mesures COVID-19 has accelerated him digital transformation of most companies and has brought to the fore remote work and new technology. The WEF studied 300 of the largest Companies of the world, which employ at least eight million people, and found that 80% of decision makers plan to speed up the automation of their work processes.

According to the report, companies in the field of finance, healthcare and transport show new interest in artificial intelligence, while the public sector wants to increase the use of big data, and production and robotics.

However, due to the current health crisis, many jobs have been disrupted and work automation has been strengthened. Result; Unemployment rates are rising in most countries and people are in a very difficult position.

Technology will lead millions to unemployment (will new jobs be created?)

Recent estimates from International Monetary Fund (IMF) show that nearly $ 11 trillion has been allocated worldwide to help households and businesses to withstand the crisis. The WEF, however, argues that Long-term planning is essential for the unemployed to recover. The skills needed to be able to work again change very quickly as companies begin to adopt new technologies.

CIOs now use AI systems and machines to perform tasks previously performed by humans. For example, The WEF predicts that by 2025, machines will perform up to 65% of the processing and retrieval of information and data, leaving only 35% of the process to humans.

This means that many jobs will be lost in the coming years. According to the WEF, processing workers data, accountants and factory workers are among the occupations most affected by technology.

At the same time, the increase of the so-calledtomorrow's jobsWill compensate for the lack of demand in positions that can be filled by machinery. According to estimates, demand for jobs related to green economy, data, AI and cloud computing will increase (analysts data, machine learning specialists, robotics engineers, programmers, etc.).

The process of moving to new jobs is not easy. Employees will need to develop new skills.

Technology will lead millions to unemployment (will new jobs be created?)

Employees and employers have already begun to address this issue. Many people have started (on their own initiative) to watch online courses, while three-quarters of companies said they were looking ways to provide opportunities to redefine and upgrade their staff.

Despite the optimism for the emergence of new jobs, the WEF stressed that a lot of work needs to be done in the new context of the global recession to avoid the great loss of old jobs. "This year we see that while the creation of new technology-related jobs is expected to offset the loss of current jobs over the next five years, the economic contraction is slowing down the growth of tomorrow's jobs.". There is a new need to take precautionary measures to facilitate the transition of employees to more sustainable jobs", The report states.

Without precautionary measures by the private and public sectors, there will be a big problem.

Source: ZDNet

LEAVE ANSWER

Please enter your comment!
Please enter your name here

Digital Fortresshttps://www.secnews.gr
Pursue Your Dreams & Live!

LIVE NEWS

00:01:51

Apple: The new Macs are coming to change computer data!

Apple is expected to announce today its first Mac computers that will use their own chips and will look more like ...

New security instructions for the IoT have been released by ENISA

New directives have been issued by the European Union Cyber ​​Security Agency (ENISA), which proposes that all stages be taken into account ...

How to see which procedures do not let your Mac sleep

Trying to get a Mac to automatically go to sleep after a period of time can be frustrating. Many things...

Mac: How to remove a previously connected Wi-Fi network

Macs automatically remember all the Wi-Fi networks you've ever connected to with your passwords. If you have problems with ...

Chrome: New security feature when you click on various links

Google Chrome gets a new feature that increases security when you click on web links that open URLs in ...

Older Android phones will get errors on some websites

Up to a third of existing Android smartphones will start receiving error messages from sites protected by ...

5,8 million RedDoorz user records are sold on hacking forums

A RedDoorz database containing 5,8 million user records is being sold to a hacking forum - the company has suffered a breach ...

Bug hunter finds bug in US Department of Defense network

The US Department of Defense has repaired a serious vulnerability affecting its internal network, which would allow menacing ...

New malware adds Linux servers and IoT devices to its botnet

A new form of malware targets Linux servers and Internet of Things (IoT) devices and adds them to its botnet. In accordance with...

Vatican library attacked by hackers

According to an Observer report, the Vatican's digital library, which features rare manuscripts such as the older version of the Bible, ...