Dr. Cubie Davis King

“We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. Its scale, scope, and complexity…will be unlike anything humankind has ever experienced before.”

-Klaus Schwab, Founder and Executive Chairman of the World Economic Forum

The workplace, as we’ve known it is about get a major makeover, and it is happening rapidly, yet quietly.

What is causing these rapid changes? The rise of artificial intelligence, robots, and machines. From sea to shining sea, these changes will be felt globally.

I know. Most people would rather hear only good news, because we are wired this way. And often the bearer of bad news gets hated on.

However, be it as it may, these are not normal times, and everyone punching a clock should pay close attention to what is happening in today’s job market.

The entire workplace platform has already shifted, and most workers haven’t even noticed. Here are statistics every worker and every organization should familiarize themselves with.

A recent *study of Chief Human Resources Officers (CHROs) from 371 leading global employers, representing 13 million employees, across 9 industry sectors, in 15 major developed and emerging economies (this was a huge study). The study found:

1.      Artificial intelligence, robots and machines will eliminate jobs at a much faster pace beginning as soon as 2020. The study revealed that five million jobs will be lost by 2020, and another 36 million by 2030. These are sobering numbers.

2.      Today, only 42% of companies rely solely on salaried (or permanent) employees. The very idea of permanency for employees is on a downward trajectory, and there is every indication from CHROs that this trend will continue well into the future.

3.      These CHROs expect gig workers to grow by 28% over the next year.

4.       They expect free-lance workers to grow by 33% over the next year.

5.      They expect contract workers to grow by 37% over the next year.

This new ecosystem being put in play by leader organization around the world is the new normal. The reason? The speed at which technology is pushing new products and services to market requires, no demands that companies operate with flexible and nimble workforces, And these new workforces must be equipped with up-to-date skills- at all times.

This new ecosystem platform allows companies to compete on a globally and thus stay in business. It’s no longer a matter of whether companies want to operate like this, it’s now a mandate that they operate like this .

Additionally, here are two new statistics that should get the attention of human resources departments. According to the Brookings Institute- of Millennials and Generation Z (workers currently 18-35 years old):

1.      75% plan to start their own businesses (they will profit from their own talents and skills – causing global talent pools to shrink significantly).

2.      Only 25% believe that an invention they create belong to the company. (they believe they should be the be the ones profiting from their own inventions)

This is a major sea change from the Baby Boomer generation (which until now, provided the largest workforce for employers). This new generation of ecosystem workers will alter the course of every company on the planet.

Question: What are you doing to update your skillsets for the new industrial revolution that will be lead by artificial intelligence, robots and machines?

© Cubie Davis King. All rights reserved internationally. Permission to use in any form must be granted in writing by the author.

Dr. Cubie King is author of the new book Reinvent Yourself- Now! A must read on how employers and employees alike should prepare for the 4th Industrial Revolution that will be powered by artificial intelligence, robots, and machines.

by Cubie Davis King

Today’s workers are caught between a rock and a hard place. What do they do when they see the world of work changing at a frightening pace due to artificial intelligence, robots and machines, yet the organizations where they currently work is doing very little to inform, educated or prepare workers for the future.

The answer is to take matters into your own hands. If the organization where you currently work is not upskilling its workforce for the future, then your job may be in jeopardy.

Don’t wait any longer. Like a child, get aggressive with educating yourself and conduct your own research. Find out what skill sets will be in high demand in the future, and what training classes are required. Get to those classes and courses.

Next, find companies and organizations that are hard at work preparing their workforces for the future, go to their websites and social media pages and find out the direction they are heading in.

If it matches your future workplace desires, then prepare yourself accordingly. The one word I would use to describe what your actions should be at this point it is -aggressive. Get aggressive and get aggressive now.

The workplace is changing faster than most workers realize. Be one of the smart ones-  prepare yourself now. There is an old wise saying-

“Dig the well long before you thirst.” 

The 4^th Industrial revolution will have many job lost casualties, but you don’t have to be one of them.

© 2019 Cubie King. All Rights Reserved internationally. Prohibited to use in any form whatsoever without the express written permission of the author. Its easy, just write to us below.

Reinvent Yourself Now!

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