Future work, today has arrived

Digital technology is reshaping our work world at an unprecedented speed and breadth.

Innovative tools such as artificial intelligence, predictive data analysis, machine learning, the Internet of Things, and robotics technology have not only greatly improved enterprise efficiency and productivity, but also spawned new employment opportunities, while requiring employees to master new skills to adapt to the 21st century.

The double-edged sword of technological revolution

Although technology has been quietly changing the way we work since the Industrial Revolution in the late 18th century. But the current wave of innovation is unprecedented in terms of speed and scope. Experts predict that millions of jobs will be reshaped by this technological revolution in the next decade.

The latest report from the World Economic Forum points out that new technologies will cause a 23% structural change in the composition of the global corporate labor market, indicating the disappearance of existing jobs and the emergence of emerging professions.

This scene inspires infinite expectations and challenges. Enterprises are facing the reshaping of human resource management processes, requiring the design of new positions and professional training to enable employees to acquire the skills required for the new era.

Among numerous technologies, artificial intelligence undoubtedly has the most profound impact on the labor force. It brings a variety of benefits, such as automatically executing repetitive tasks, improving customer service through chatbots, optimizing decision-making processes based on advanced data analysis, and achieving service personalization through studying customer preferences.

Similarly, the development of AI has also given rise to a series of emerging professions, including AI system development and maintenance, data analysts, algorithm designers, and so on.

According to a recent study by Microsoft, using Large Language Models (LLMs) can increase a company’s productivity by up to 40%. This not only proves the potential of AI technology, but also points out the direction for the future development of enterprises.

Emerging professions and skill demands

The International Labour Organization (ILO) proposed in a report released at the end of last year that most jobs and industries only face automation risks, and it is more likely that these jobs will be supplemented rather than replaced. In other words, the impact of technology lies in changing the nature of work, rather than eliminating employment.

In fact, training employees on the skills required for new technologies will be an important part of building the future labor market. A study by IBM, based on opinions from 3000 executives and 21000 employees from 21 countries, predicts that 40% of the global workforce (approximately 1.4 billion people) will need retraining to adapt to the growing technological applications in the production process, particularly artificial intelligence.

According to a report from the World Economic Forum, the fastest-growing professions in recent years are closely related to technology, especially in the fields of artificial intelligence and machine learning. Next up are sustainability experts, business intelligence analysts, and analysts from the information security department. Other professions that will experience significant development in the future include fintech engineers, data analysts, robotics engineers, electrical engineers, and digital transformation experts.

All these emerging professions require diverse skills, including hard skills such as programming, data analysis, and mathematics. In addition, there are also so-called soft skills such as good communication, empathy, creativity, ethics, and critical thinking, which are usually not taught in university courses but will be increasingly valued by businesses in the future.

Digital Transformation: Opportunities rather than Threats

Digitalization and other new technologies are not a threat. On the contrary, if guided by appropriate policies, they can help create a more collaborative, efficient, and satisfactory work environment. Enterprises that are willing to embrace change and transform early will occupy a more advantageous position in the digital age.

In the rapidly evolving digital age, Acloudear, as a professional digital transformation service provider, has always been at the forefront of enterprise transformation. We are well aware that every technological innovation brings unprecedented opportunities and challenges to enterprises.

Therefore, Acloudear is committed to helping businesses identify and capture these opportunities, accelerating the pace of transformation through tailored digital solutions, and ensuring that businesses remain competitive in the digital economy.

If you want to take the lead on the path of digital transformation, Acloudear will be your most solid partner. Click on the official website and contact us immediately to embark on your journey of digital transformation for your enterprise, creating unlimited possibilities for the future together!

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This article "Future work, today has arrived" by AcloudEAR. We focus on business applications such as cloud ERP.

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