technological unemployment, education & the individual

Dr. Lydia Kostopoulos

@LKCYBER

October 19th, 2017

Technological Impact on Education and Employment:

Trends, insights and strategies for the path forward

Website: Lkcyber.com

Twitter: @LKCYBER

Linkedin: linkedin.com/in/lydiak

“Technology, Education and Employment” Dr. Lydia Kostopoulos Lkcyber.com

Longevity

Technology

Key Items What this means for

Education

Individuals


Longevity Technology

- Key Items -

We are living longer! It’s exponential!


Longevity

We are living longer!Key Items

• Life expectancy is increasing with each generation.


Trends

Note: This is not applicable to all nations or socio-economic classes.

Longevity

We are living longer!Key Items

• That means living a longer period of morbidity.

• Longer Life = Longer Labor Period

• Our education isn’t lasting us a lifetime, more recently not a decade.

• Life expectancy is increasing with each generation.


Trends

Technology

It’s exponential!Key Items

• Technology is on an exponential path


Trends

1. Digitalization The 6 Ds of Exponential Technology

2. Deception

3. Disruption4. Demonetization

5. Dematerialization

6. Democratization

*** 6 D’s from Steven Kotler and Peter Diamandis book “Bold: How to Go Big, Create Wealth and Impact the World”

Technology

It’s exponential!Key Items

• Technology is on an exponential path

• It’s changing faster than we can understand.

• 60% of schoolchildren today will be employed in jobs that have yet to be created.

• Mixed bag: Technology will enhance some jobs, create new jobs and make others obsolete.


Trends

Education Individuals

- What this means for -

Embrace change! Be proactive!


Education

TrendsWhat this means for

• 85% of the jobs that will exist in 2030 haven’t even been invented yet.

• Education delivery & learning is changing.


Education

Distance Learning Virtual Reality Augmented Reality

University Opt-Out and/or “Re-Tooling”

Vocational Schooling Apprenticeships DIY Start-Up Business

Google Pixel Ear BudsReal-time translation in

40 languages.



Education




• The education system today inadequately prepares for rapid change in technology and markets.



Education

Study conducted by theAssociation of American Colleges and Universities (AACU)

• Staying current on technologies.

• Locating organizing, evaluating information.

• Being innovative/creative.

• Analyzing/solving complex problems.

• Applying knowledge/skills to real world.

• Staying current on developments in science.


EducationWhat this means for


Tech provides information for human judgement

Purely a human endeavor.

Education


What should education providers do?




Education

What should education providers do?

• Embrace change! FAST!

• “Living Curriculum”: Private sector partnership needed to close the preparedness gap.

• Recognize and identify skills that will be needed in the 4th industrial revolution.

What this means for

• Enable students to teach themselves, and build the capacity to unlearn what was learned.


Individuals


• Most likely have longer careers than anticipated.

• Re-tooling and up-skilling will be a ‘must-do’ instead of ‘nice-to-do’.

• Multiple careers in one life time, and/or concurrent careers.

What should individuals do?

• High volatility in the market will require resilience, perseverance and creativity.


What should individuals do?

• Be proactive! Automation test: Can your job be automated? If yes, find a new skill/job that can’t be.

• Use time efficiently. Given technological and market trends, selectively create options and accept opportunities that strengthen one’s value proposition.

• Take care of the intangible assets.

What this means for

Individuals


IndividualsWhat this means for

Tangible & Intangible AssetsBook: “100 Year Life” by Andrew Scott and Lynda Gratton

Tangible Assets Intangible Assets• Money• Property• Pension

• Productive• Vitality• Transformational

Intangible Assets

Productive

• Knowledge• Peers• Reputation

Vitality Transformational

• Health• Balanced Living• Friendships

• Self-Knowledge• Diverse Networks


Food for Thought

DIY Life: • Changing work place/hours/style.• Ability to self-transform.• Internet allows for free knowledge and reach

into vast networks.

Education Everywhere: • Workplace specialized training.• Practical learning “holiday-sabbaticals”.

Future Job Unknown: • New jobs will be created, mostly around:

- Catering to human needs, and - Helping machines help us.

Dr. Lydia Kostopoulos

I look forward to your questions!

Thank you!

Website: Lkcyber.com

Twitter: @LKCYBER

Linkedin: linkedin.com/in/lydiak


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