9 Essential Trends for the Future of Work

9ESSENTIALTRENDS
THEFUTUREOFWORK
What automation, robots, software & AI mean
for your job

• The Future of Employment: How Suspectible are Jobs to Computerisation? - Carl Benedikt Frey and Michael A. Osborne

Half of our Jobs will Disappear

Half of our Jobs will Disappear
"According to our estimates around 47 percent
of total US employment is in the high risk
category. We refer to these as jobs at risk – i.e.
jobs we expect could be automated relatively
soon, perhaps over the next decade or two.."

And those remaining jobs…
• The Future of Jobs: The Onrushing Wave - http://econ.st/L8Vv2H

•Jobs that are not easily automated may still be transformed.

•New data-processing technology could break “cognitive” jobs down into
smaller and smaller tasks.

•As well as opening the way to eventual automation this could reduce the
satisfaction from such work.

•As well as opening the way to eventual automation this could reduce the
satisfaction from such work.
•Just as the satisfaction of making things was reduced by deskilling and
interchangeable parts in the 19th century.

• Justice for Data Janitors - http://publicbooks.org/nonﬁction/justice-for-data-janitors

In fact: janitor jobs are already a reality

Computers do not wield the cultural ﬂuencies necessary to interpret this kind of material [cultural
data analysis]; but people do.This is the hidden labor that enables companies like Google to
develop products around AI, machine learning, and big data. The New York Times calls this
“janitor work,” labeling it the hurdle, rather than the enabling condition, of our big data futures.The
second machine age doesn’t like to admit it needs help.
In fact: janitor jobs are already a reality

• The Next 10 Years Of Automation And What It Might Mean For The Job Market - http://on.tcrn.ch/l/2Yma

Especially
data
analysts are
in
trouble

Especially
data
analysts are
in
trouble
"Long story short, if a large portion of
your time at work involves tinkering
with spreadsheets, there is likely to be
software that will perform your job
faster and cheaper than human
labor."

Especially
data
analysts are
in
trouble
"Long story short, if a large portion of
your time at work involves tinkering
with spreadsheets, there is likely to be
software that will perform your job
faster and cheaper than human
labor."
"Mobility is undeniably a rather difﬁcult
technical problem, and computers are
more likely to manipulate data
better than humans
than they are to take
over most manual labor
jobs, at least for the time  
being."

• Automation to transform the job market within 20 years: Oxford professor -  
http://www.abc.net.au/news/2015-03-23/automation-will-fundamentally-change-the-job-market-in-20-years/6340512

CREATIVITY

"The more creative you are, the more safe you are from automation."
CREATIVITY

"The more creative you are, the more safe you are from automation."
“We found there was a very
clear, strong trend between the
creative content of a job and its
probability of computerisation
and replacement by robots.”
CREATIVITY

• Disruptive technologies: Advances that will transform life, business, and the global economy -  
http://www.mckinsey.com/insights/business_technology/disruptive_technologies

It’s paramount for organizations and
individuals to keep up-to-date

Business leaders should:

•Keep their organizational strategies updated in the face of continually evolving
technologies

technologies
•Ensure that their organizations continue to look ahead

technologies
•Use technologies to improve internal performance

technologies
•Keep their employees’ skills up-to-date

technologies
•Learn to balance the beneﬁts of emerging technologies with the risk they can pose

technologies
•Learn to balance the beneﬁts of emerging technologies with the risk they can pose
Disruptive technologies can change the game for businesses, creating entirely new
products and services, as well as shifting pools of value between producers or from
producers to consumers.

• IFTF: Will automation lead to fewer jobs in 10 years? Short answer, yes. -  
http://www.iftf.org/future-now/article-detail/will-automation-lead-to-fewer-jobs-in-10-years-probably-yes/

But, things might not change anytime soon…

But, things might not change anytime soon…
“The economy is bifurcating between high, high skill and low, low wage. There will likely be fewer good
careers to go around unless our education system can ﬁgure out how to prep large numbers for high-skill
work. Implementation of automated systems will likely spike in the recovery after our next recession, as HR
professionals are tasked with managing a fattening budget and choosing between automated systems and
hiring costlier human labor. The upside is that this will all happen slowly, much more slowly than fear might
dictate. Systems take a long time to change, and you can’t just
plop a robot into a cubicle.”

Our societies might need to change…
“
• A World Without Work - http://www.theatlantic.com/magazine/archive/2015/07/world-without-work/395294/
• Sympathy for the Luddites - http://nyti.ms/10gJYFb

"Heavily tax the growing share of income going to the owners of capital, and use the money to
cut checks to all adults. This idea—called a “universal basic income”—has received
bipartisan support in the past."
“

If the picture I’ve drawn is at all right, the only way
we could have anything resembling a middle-class
society — a society in which ordinary citizens have a
reasonable assurance of maintaining a decent life
as long as they work hard and play by the rules —
would be by having a strong social safety net, one
that guarantees not just health care but a minimum
income, too. And with an ever-rising share of income
going to capital rather than labor, that safety net
would have to be paid for to an important extent via
taxes on proﬁts and/or investment income.
"Heavily tax the growing share of income going to the owners of capital, and use the money to
cut checks to all adults. This idea—called a “universal basic income”—has received
bipartisan support in the past."
“

The End of Work?

The End of Work?
“
What does the “end of work” mean, exactly? It does not mean the imminence of total
unemployment, nor is the United States remotely likely to face, say, 30 or 50 percent
unemployment within the next decade. Rather, technology could exert a slow but continual
downward pressure on the value and availability of work—that is, on wages and on the
share of prime-age workers with full-time jobs. Eventually, by degrees, that could create a
new normal, where the expectation that work will be a central feature of adult life dissipates for
a signiﬁcant portion of society.

The 9 Essential Trends of the Future of Work

• Half of our jobs might disappear

• Other jobs might change drastically

• "Janitor jobs" already serve to complement AI & robots

• Especially data scientist-like jobs are in trouble

• The more creative your job, the more safe you are

• Business leaders should keep their organizations,  
employees & business models up-to-date

• Things however might not go as fast as predicted

• Society will need to undergo a lot of changes

• Society will need to undergo a lot of changes
• The future might mean the "End of Work"

Don’t miss these great Slideshares

• The Future of Employment: How Suspectible are Jobs to Computerisation? -
Carl Benedikt Frey and Michael A. Osborne
• Justice for Data Janitors - http://publicbooks.org/nonﬁction/justice-for-data-
janitors
• The Next 10 Years Of Automation And What It Might Mean For The Job Market -
http://on.tcrn.ch/l/2Yma
• Automation to transform the job market within 20 years: Oxford professor -
http://www.abc.net.au/news/2015-03-23/automation-will-fundamentally-
change-the-job-market-in-20-years/6340512
• Disruptive technologies: Advances that will transform life, business, and the
global economy - http://www.mckinsey.com/insights/business_technology/
disruptive_technologies
• IFTF: Will automation lead to fewer jobs in 10 years? Short answer, yes. - http://
www.iftf.org/future-now/article-detail/will-automation-lead-to-fewer-jobs-in-10-
years-probably-yes/
• A World Without Work - http://www.theatlantic.com/magazine/archive/2015/07/
world-without-work/395294/
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9 Essential Trends for the Future of Work

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9 Essential Trends for the Future of Work