“It’s difficult to predict how many jobs will be wiped out or changed thanks to artificial intelligence, but one thing we definitely know is that employment is changing,”
-Ellen Ruppel Shell
By Jason Middleton
It seems technology has been moving fast and breaking things for a long time now. Since the dot com crash, let’s call it year 2000, the labor market has been disrupted by automation;
So the human task has been to find a pathway to build good work in a globalized and digitalized world where middle class jobs are slipping away.
Call it robots or artificial intelligence, the job – the future of work – is being redefined on the fly. It’s like building an airplane while it’s in the air sometimes.
Here are a few key points from Ruppel Shell’s multidisciplinary research:
- Technology executives claim, and most experts accept, that there is a mismatch between the jobs needed and the training and education we are giving our students. In fact, that isn’t true. Training more engineers and software coders is not the answer.
- Entrepreneurs and startups do NOT create a lot of jobs (legacy industries do).
- And what about the impact of online commerce on brick-and-mortar operations. It’s estimated that every human on the Amazon payroll displaces two humans in traditional retail roles.
Have great weeks, everybody.