the future of work sponsors€¦ · 21/05/2018 · trends and themes to inform our work presented...
TRANSCRIPT
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The Future of Work
Trends and Themes to Inform Our Work
Presented by JFF
Hosted by Pathways Consultants
Sponsors:
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AUTOMATION AND WORKFORCE:TRENDS AND THEMES TO INFORM OUR WORK
P R E S E N T E D B Y
Nate Anderson, Senior Director
Matthew A. Poland, Senior Program Manager
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The American labor market is broken. Our
rapidly changing economy demands skilled
and adaptable workers, but many people
lack the education and training employers
require. JFF is transforming the workforce
and education systems to accelerate
economic advancement for all.
JFF designs innovative solutions, scales
proven programs, and influences industry
action and policymaking to drive the most
transformative impact.
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NATE ANDERSON
Senior Director
JFF
MATTHEW A. POLAND
Senior Program Manager
JFF
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WHAT DOES “FUTURE OF WORK” MEAN TO YOU?
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SESSION OBJECTIVES
1. Better understanding of
current research in automation and AI and its
effects on those with barriers, with the reentry
population as an example
2.Explore the rising importance of 21st
Century Skills such as adaptability in workforce and
education programs
3.
Learn about a complementary approach
to automation in the workplace
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FOW TRENDS:
AI AND AUTOMATION
Machine Learning
AI
Automation
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THE DIVIDE
THE ROBOTS ARE COMING!
IT’S ALL GOING TO WORK OUT…
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EMPLOYMENT AND PRODUCTIVITY
MIT researchers Erik Brynjolfsson and Andrew McAfee point out a phenomenon they call the “Great Decoupling.”
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EMPLOYMENT AND PRODUCTIVITY
On the other hand, McKinsey (2017) found that productivity and employment have increased together
From 1960-2016, they grew together in
• 95% of rolling three-year periods and
• 100 percent of rolling 10-year periods
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A CHANGING ECONOMY: SKILLS GROWTH
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KEY RESEARCH FINDINGS
Jobs will be both created and destroyed, disruption will happen, but massive unemployment is unlikely.
Current/near future technology can automate a significant number of skills, but not a significant number of jobs.
New jobs will be created at a rapid pace, and changing jobs will become more common.
The impact of automation will be front loaded: 83% of jobs paying less than $20 per hour will be impacted by automation.
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Futur e o f Wor k : ADDITIONAL FINDINGS
Frey and Osborne: about 47 percent of total US employment is at risk for automation
McKinsey: 51% of job activities can be automated, but less than 5% of jobs are fully automatable.
Pearson Future of Skills 2030:
• Only 20% of current jobs will shrink/only 10% of currentjobs will grow
• Growth is in new jobs, new skills
• Entry-level and middle-skill jobs will see less growth thanjobs requiring greater educations and more advanced skills.
World Economic Forum: Of the children entering primary school today, 65% will end up working in job categories that do not yet exist.
Accenture: By 2020, 43% of the workforce will consist of freelance workers.
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UNEMPLOYMENT SCENARIOS
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AUTOMATION: MCKINSEY RESEARCH
Net increased in activity due to automation:
• Logical reasoning / problem solving
• Optimizing and planning
• Social and emotional sensing, reasoning
Net zero (or close to) but large shift in skill set:
• Retrieving information
• Recognizing known patterns / categories
• Gross / fine motor skills
Net decrease in activity:
• Collecting data
• Processing data
• Predictable physical activities
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21 ST CENTURY SKILLS WILL BECOME ESSENTIAL
LinkedIn (2018) found that 57% of the managers they surveyed thought soft skills were important than hard skills
An earlier LinkedIn report (Dec 2017) found these top soft skills employers were looking for:
Adaptability
Culture Fit
Collaboration
Leadership
Growth Potential
Prioritization
Sources: https://business.linkedin.com/talent-solutions/blog/trends-and-research/2018/the-most-in-demand-hard-and-soft-skills-of-2018
https://economicgraph.linkedin.com/research/LinkedIns-2017-US-Emerging-Jobs-Report
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FUTURE OF WORK: IN DEMAND SKILLS
80% Leadership
79% Teamwork70% Written Communications
70% Problem Solving
69% Verbal Communications
69% Strong work Ethic
66% Initiative
63% Analytical/Quantitative skills
61% Flexibility/Adaptability
60% Technical Skills
58% Interpersonal Skills
55% Computer skills
53% Detailed-oriented
49% Organizational ability
35% Friendly/
Outgoing
27% Strategic planning skills
24% Creativity
21% Tactfulness
19% Entrepreneurial skills/Risk-taker
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21 ST CENTURYSKILLS WILL BECOME ESSENTIAL
Automation and AI are not (yet) capable of:
Adapting to new situations
Solving novel problems
Collaborating
Interpersonal Communication
Empathy
Having an entrepreneurial mindset
Self-awareness
Source: https://www.newworldofwork.org/wp-content/uploads/2016/10/21st-Century-Skills-Competencies-Attributes-Traits-
Final-2017.pdf
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REENTRY WORKERS AREA GROWING SHARE OF THE WORKFORCE
Nearly one in three American adults of working agehas an arrest or conviction record
Men with a criminal record account for about 34%of the unemployed prime working age men
BUT…
9 in 10 employers conduct criminal background checks
A criminal record reduces the likelihood of a job callback by 50%
Source: NELP, http://www.nelp.org/content/uploads/NELP-Safer-Toolkit-Healthcare-Employer-Guide-Hiring-
People-with-Arrest-Conviction-Records.pdf
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THE THREATSJobs that may have low barriers to entry may be highly susceptible to automation according to McKinsey:(% decrease by 2030)
• Food serving workers (hosts), administrativeassistants, transportation maintenance -5 – 14%
• Office support workers, machinery and installationand repair workers, -15 – 24%
• Hotel and travel workers, production workers,transportation workers, protective services-25 – 34%
• Dishwashers, cleaning equipment operators, foodpreparation workers -35%+
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THE OPPORTUNITYIN TRADES
Builders category of jobs is somewhat promising according to McKinsey:(% increase by 2030)
• Building engineers and construction workers+25 – 49%
• Installation and repair workers (buildings &infrastructure) +5 – 24%
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THE OPPORTUNITYIN HEALTHCARE
Care Providers category one of the most promising according to McKinsey:(% increase by 2030)
• Childcare workers 100%+
• Nurses, physicians assistants, pharmacists,health aides and health support 25 – 49%
• Health technicians 5 – 24%
Care providing positions often have major barriers for licensure and hiring for the reentry population
NELP: A Healthcare Employer Guide to Hiring People with Arrest and Conviction Records
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THE OPPORTUNITYIN HEALTHCARE
NELP: A Healthcare Employer Guide to Hiring People with Arrest and Conviction Records
Offers support to healthcare providers in terms of mitigating risk and dispelling myths about people with criminal backgrounds
Case Study: A 2009 study at John Hopkins of about 500 hires of people with records showed their retention rate outmatched that of employees without records after 40 months
Out of 79 employees tracked for 3-6 years after their hiring date, only one was involuntarily terminated
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THE OPPORTUNITYIN INFORMATION TECHNOLOGY
Increased employment by 2030 in:
Computer systems analysts - 108,000
Computer user support specialists - 94,000
Computer programmers - 84,000
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ERDEPT
Patients pre-register by mobile phone. On Arrival, they are issued a wearable monitoring device that collects vitals.
Triage nurses would be aided by automated fast diagnostics using blood and auto-generated reports on basis of vitals and tests.
Lab tests would be automated, including report generation, for improved accuracy.
Full automated checkout including medicines, billing and issuing reports, or, in case of hospitalization, bed assignment.
Autonomous tugs can pull beds and bring medicines and instruments to the point of care. Drugs are dispensed by automated pharmacy.
Algorithms recommend diagnosis and treatment to doctors and nurse practitioners.
A I diagnoses and advice on complex and high acuity cases contribute to better outcomes.
Potential economic benefits of automation.
70% Labor substitution..
30% Performance Gain.
Performance Gains:
• increased productivity of nurses and doctors.
• reduced patient waiting time.• better health care outcomes.
11% Relative Impact
1
1 Ratio between additional net
Source: McKinsey
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WILL HEATONDirector – Policy and Public Affairs
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AUTOMATION+ REENTRY WORKERS
For the reentry population, what concerns you about this data?
What opportunities or interesting innovations do you see?
What can we be doing to support reentry workers in a quickly changing environment?
Are there particular barriers in workforce and education systems that we need to mitigate?
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THE COMPLEMENTARY APPROACH
More Work. Mostly jobs.
Driving Factors:
Integration of A I into work in a way that facilitates problem-solving and expands opportunities.
Hypothetical Signature Technology:
Brain chip that allows you to connect to search, memory, computational, social network, and purchasing.
Source: Shift Commission Report
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A FEW KEYTAKEAWAYS
Multiple trends in the FoW such as AI and automation are changing the employment landscape overall
By some estimates, automation may rapidly and significantly change job tasks and necessary skills
There is both concern and promise when it comes to marginalized populations such as reentry workers
It is possible to influence how technology is implemented in the workplace and advocate for acomplementary approach
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The art and science of asking questions is
the source of all knowledge.
-THOMAS BERGER
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Resources:
1. McKinsey: “Jobs Lost, Jobs Gained…”(Dec 2017)https://www.mckinsey.com/~/media/McKinsey/Global%20Themes/Future%20of%20Organizations/What%20the%20future%20of%20work%20will%20mean%20for%20jobs%20skills%20and%20wages/MGI-Jobs-Lost-Jobs-Gained-Report-December-6-2017.ashx
2. McKinsey: “A Future That Works…” (Jan 2017)https://www.mckinsey.com/~/media/McKinsey/Global%20Themes/Digital%20Disruption/Harnessing%20automation%20for%20a%20future%20that%20works/MGI-A-future-that-works-Executive-summary.ashx
3. Cisco / Oxford Economics: “The A.I. Paradox” (Dec 2017)https://www.cisco.com/c/dam/assets/csr/pdf/The-AI-Paradox-How-Robots-Will-Make-Work-More-Human.pdf
4. Pearson: “The Future of Skills Employment in 2030” (Sept 2017)https://futureskills.pearson.com/assets/pdfs/technical-report.pdf
5. Shift Commission / Bloomberg Beta: “Work, Workers and Technology…” (May 2017)file:///Users/mpoland/Downloads/Shift%20Commission_Final%20(1).pdf
6. Erik Brynjolfsson: “The Great Decoupling” (June 2015)https://hbr.org/2015/06/the-great-decoupling
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Resources (cont.):
7. Pew: “A.I., Robotics and the Future of Jobs” (Aug 2014)http://www.pewinternet.org/2014/08/06/future-of-jobs/
8. LinkedIn: The Most In-Demand Hard and Soft Skills of 2018: https://business.linkedin.com/talent-solutions/blog/trends-and-research/2018/the-most-in-demand-hard-and-soft-skills-of-2018
9. LinkedIn: 2017 US Emerging Jobs Report: https://economicgraph.linkedin.com/research/LinkedIns-2017-US-Emerging-Jobs-Report
10.New World of Work: Competencies, Attributes, and Traits for the “Top 10” 21st Century Skills:https://www.newworldofwork.org/wp-content/uploads/2016/10/21st-Century-Skills-Competencies-Attributes-Traits-Final-2017.pdf
11.NELP: A Healthcare Employer Guide to Hiring People with Arrest and Conviction Records (Sept2016): http://www.nelp.org/content/uploads/NELP-Safer-Toolkit-Healthcare-Employer-Guide-Hiring-People-with-Arrest-Conviction-Records.pdf
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THANK YOU!
Please reach out to us if you have any questions…
NATE ANDERSON
MATTHEW A. POLAND