World Economic Forum: “The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others. The skill sets required in both old and new occupations will change in most industries and transform how and where people work. It may also affect female and male workers differently and transform the dynamics of the industry gender gap. The Future of Jobs Report aims to unpack and provide specific information on the relative magnitude of these trends by industry and geography, and on the expected time horizon for their impact to be felt on job functions, employment levels and skills.”

Machines and algorithms will do more current tasks than humans by 2025, according to the World Economic Forum’s Future of Jobs Report 2018, which covers 20 economies and 12 industries. But this same robot revolution will still create 58 million net new jobs in the next five years, the same research has found. Based on the operational realities of those at the frontlines of deciding on how to develop technological and human capital at the largest global companies in the world, the report aims to provide a nuanced, realistic view of the near future of work. Unlike long-term predictions and scenarios, a focus on the near term forces us to consider what we must do today to create the future we want.”