With skills being seen as the top priority by chief executives in every business survey carried out in recent times, the latest “The Future of Jobs” report from the World Economic Forum is required reading for anyone associated with developing our economy. Not surprisingly, the study focuses on the impact of technological changes on employment and the transformations being faced by a range of different industries. It states that whilst there are threats that could negatively affect competitiveness and jobs as the so-called Fourth Industrial Revolution begins to take shape, there are also great opportunities for developing better and more productive jobs that could improve the quality of life in all economies. In fact, whilst 75 million jobs may be displaced by a global shift in the division of labour between humans and machines, 133 million new roles may emerge that are more relevant to this new reality in the workplace. But what are the main issues facing policymakers here i...
Entrepreneurship, innovation and the economy