Rapid and profound technology changes and globalisation are combining to change the nature of work and the types of employment which will be available.
The world has passed through four industrial revolutions, each defined by the key technologies which sustained them: The first used water and steam power; the second relied on electric power; and the third used electronics and information technology.
The fourth and current industrial revolution is powered by artificial intelligence and the fusion of physical, digital, and biological technologies. New technologies such as nanotechnology, digitisation, artificial intelligence, robotisation, smart machines, drones and the like, are profoundly changing economic and social life.
Artificial intelligence, cloud computing, automation and other technologies will make repetitive, routine, mechanical and time-consuming tasks redundant. Automation will thereby augment productivity.
Increasingly, humans will collaborate with computers and machines in decision-making. Jobs at risk of displacement by automation amount to 38% in America; 35% in Germany; 31% in the United Kingdom, and 21% in Japan. The jobs most affected by redundancy in the next decade will be: (1) secretaries and administrative assistants, (2) accountants, (3) cashiers and (4) data-entry personnel.
The news is not all bad because the new technologies will also create jobs. The 10 highest paying jobs for new graduates are all in the tech sector, thus: data scientist; software engineer; product manager; investment banking analyst; product designer; systems engineer; and software developer. These jobs will require an education with a high content of science, technology, engineering and mathematics (STEM).
The question is will the education system in Jamaica — from primary to university level — produce enough people with competence in STEM?
http://www.jamaicaobserver.com/edito...6?profile=1100
The world has passed through four industrial revolutions, each defined by the key technologies which sustained them: The first used water and steam power; the second relied on electric power; and the third used electronics and information technology.
The fourth and current industrial revolution is powered by artificial intelligence and the fusion of physical, digital, and biological technologies. New technologies such as nanotechnology, digitisation, artificial intelligence, robotisation, smart machines, drones and the like, are profoundly changing economic and social life.
Artificial intelligence, cloud computing, automation and other technologies will make repetitive, routine, mechanical and time-consuming tasks redundant. Automation will thereby augment productivity.
Increasingly, humans will collaborate with computers and machines in decision-making. Jobs at risk of displacement by automation amount to 38% in America; 35% in Germany; 31% in the United Kingdom, and 21% in Japan. The jobs most affected by redundancy in the next decade will be: (1) secretaries and administrative assistants, (2) accountants, (3) cashiers and (4) data-entry personnel.
The news is not all bad because the new technologies will also create jobs. The 10 highest paying jobs for new graduates are all in the tech sector, thus: data scientist; software engineer; product manager; investment banking analyst; product designer; systems engineer; and software developer. These jobs will require an education with a high content of science, technology, engineering and mathematics (STEM).
The question is will the education system in Jamaica — from primary to university level — produce enough people with competence in STEM?
http://www.jamaicaobserver.com/edito...6?profile=1100
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