Advances in areas like automation and artificial intelligence promise to upend almost every industry and replace today’s jobs with tomorrow’s technology.
One popular estimate cited in the World Economic Forum’s Future of Jobs report claims that 65 per cent of children entering primary school today will ultimately end up working in completely new roles that don’t yet exist. The truth is, exponential technologies will continue to impact our daily lives, and while the migration of the workforce to this new economy presents a challenge, it also brings with it incredible potential.
Digitisation has unlocked a vault of fresh opportunities as companies look to fill newly created roles, many of which will require a completely new set of skills. This somewhat levels the playing field and brings with it a vast opportunity for those who want to skill up to meet the demands for what we’re calling the Fourth Industrial Revolution.
As we become more governed by digital technologies, data and innovation, it’s undeniable that the future of work will be largely underpinned by a workforce trained in science, technology, engineering and mathematics (STEM). STEM-based careers will drive breakthrough innovations and create jobs of the future.