How the Future of Work and Employment will Change the Way We Do Business
The future of work and employment will change the way we do business and in turn we should be prepared to use the right business tools. The nature of work will be more fluid and flexible, and the boundaries between professionals, entrepreneurs, and amateurs will blur. There is a lot of debate about how automation in workforce will affect jobs. Some say that automation will replace humans in many industries while others argue that it is just a new way to engage with technology in order to increase productivity. Automation has already taken over many repetitive tasks in the workplace but it has not replaced human workers. So far, automation has been a tool that helps humans do their jobs better by freeing up time for creative tasks or giving them more time off for family or leisure time. The future of work and employment is still uncertain but one thing is certain – it won ‘t be the same as it used to be.
The 4 Biggest Trends That Will Change How You Do Business
- Artificial Intelligence will be a key driver of the 2020s, and it will change how we do business.
- Technology is evolving at an exponential rate, and it is set to disrupt every industry in the coming years.
- The future of work looks very different from what it does today, with more people working remotely or as freelancers.
- Every industry will have to move towards a circular economy if they want to survive in the next decade or so
Which Industries Will be Hit By Automation?
Automation will impact many different sectors of the economy. In general, jobs that involve repetitive tasks and require high levels of concentration are most likely to be impacted by automation: construction, housekeeping, factory work and transportation. Manufacturing jobs are also at significant risk for automation – so much so that Elon Musk recently spoke out against it. A recent report from Artefact Group, a consultancy that provides research and analysis on artificial intelligence, says that as many as 38 percent of US jobs could be automated in the next 20 years. About 100 million employees could potentially lose their jobs to automation.
What will automation mean for the workforce? Automation holds great potential for reducing the number of people needed to work. This could lead to increased hours for those who remain employed, but it also means that companies will need to create new types of jobs in order to help their employees transition from their current roles. Workers are feeling the impact now and have already made significant changes in response.
How to Position Your Company as a Leader in the Future Economy?
Entrepreneurship involves constant networking, speeches, participation in associations, and hangouts, including those unrelated to business. Speaking in public and communicating well are important skills. TEDx training from companies like Thought-Leader helps you form lasting connections with investors as a leader and prepare your company for the future economy. Here is a list of 5 more ways to help you succeed in this ever-changing global economic system:
- Be open to change and look at new opportunities
- Think outside the box and innovate constantly
- Embrace new technologies and new ideas
- Stay up to date with current events and trends in both business and society
- Develop a global mindset
Conclusion: What’s Next For Your Business?
AI is still in its early stages and there is a lot more to explore. As we continue to experiment with artificial intelligence, it will be interesting to see how it influences our lives and job market in the future. The key will be to stay prepared and continue to learn new technologies.
Author Bio: Godfrey Pereira is the founder of the blog efriendlytools, he is passionate about online business and eCommerce. For the blog, he researches business-friendly tools and recommends ones that are helpful for digital businesses. He has worked on multiple IT Projects as a lead and developed relationships with external partners. Godfrey loves the beach, soccer, traveling and discovering small towns. To see more of his writing, visit efriendlytools.com