- Increased displacement of workers
- Shift in skill requirements
- Rise in demand for tech-related jobs
- Need for retraining and upskilling
Increased displacement of workers
Job automation is expected to lead to a significant displacement of workers across various industries. Routine and repetitive tasks are likely to be automated, leading to job loss for those in these roles.
Shift in skill requirements
As automation takes over certain tasks, there will be a shift in the skill requirements for the workforce. Soft skills such as critical thinking, problem-solving, and creativity will become increasingly valuable, alongside technical skills related to managing and working alongside automated systems.
Rise in demand for tech-related jobs
The rise of automation will also lead to an increased demand for tech-related jobs, such as software developers, data analysts, and cybersecurity experts. These roles will be crucial in developing and maintaining the automated systems.
Need for retraining and upskilling
To adapt to the changing job landscape, there will be a growing need for retraining and upskilling programs. Workers who have been displaced by automation will need support in transitioning to new roles, while those still in the workforce will need to continually update their skills to remain relevant.