Future of Work 2018 _ Closing Keynote
•
2 likes•176 views
Closing keynote at Advancing Credentials for Career Pathways Institute 2018, Winston-Salem, NC.
Recommended
More Related Content
What's hot
What's hot (14)
Similar to Future of Work 2018 _ Closing Keynote
Similar to Future of Work 2018 _ Closing Keynote (20)
More from Kristin Wolff
More from Kristin Wolff (20)
Recently uploaded
Recently uploaded (20)
Future of Work 2018 _ Closing Keynote
- 1. The Future of Work: Are we Ready?
- 4. Now, “Future of Work” is a thing.
- 5. Everyone’stalking aboutit. (Nearly 3 billion results? Mom and apple pie together do not get you to 2 billion.)
- 6. Aquickpeek?
- 7. Manythreads… New York Times, Dec 11, 2017 1. Jobs, wages & income
- 8. 2. “Unjobs”
- 9. 3. Skills (& Gaps) Big Think, Michio Kaku, June 24, 2018
- 10. 4. New Kinds of “Organizations” Hilo Motion Pictures
- 11. And in NC?
- 13. (Member of state workforce board)
- 15. Big“Aha…” People value stability and increased wages over time. The economy is creating the opposite – lower wages, volatility.
- 16. #FOW. Everyone is talking about it. No really.
- 19. “Ifyoudon’thaveahustle,you aren’tgoingtohaveajob.” Dwight&Tanisha “If you don’t have a hustle, you aren’t going to have a job.””Dwight & Tanisha
- 20. A tsunami of reports about AI, robotics, machine learning, deep learning, prediction machines, automation, robotics, fourth industrial revolution or [insert favorite phrase here].
- 21. 1. Insurance underwriters 2. Bank tellers 3. Financial analysts 4. Construction workers 5. Inventory managers/stockers 6. Farmers 7. Taxi drivers 8. Manufacturing workers 9. Journalists 10.Movie stars Curious?
- 28. Talkingpastone another? Accenture Survey (2018) Auto Execs § 84% say they will automate tasks or jobs to a “large or very large degree” over next three years. (75% say industry will be “transformed.”) § 2% plan to significantly increase investment in skills training. Auto Workers § 2/3 of employees say “intelligent machines will make their jobs simpler” and “encourage creativity and innovation.”
- 30. Andscaryones… “It will soon be obvious that half our tasks can be done better at almost no cost by AI.This will be the fastest transition humankind has experienced,and we’re not ready for it.”
- 32. So much noise. So little signal.
- 33. In the next thirty or ten or five years, 47%1 or 60%2 or between 6% and 39%3 of jobs will change, disappear, or be automated. 1 Source:The Future of Employment (the famous Oxford Study, 2013) 2 Source: McKinsey Global institute: A Future that Works (report on automation of work, not jobs, 2017) 3 Source: Forrester Research: Future of Jobs (report on jobs, automation, and augmentation, 2017)
- 34. We can safely say that “upcoming workforce transitions could be very large.” McKinsey,WhattheFutureofWorkwillmeanforJobs,SkillsWages(2017)
- 36. MeetSam.
- 37. Some humans are fighting back.
- 38. But it’s not just automation.
- 40. Thestomachchurners.§ 3.8% Unemployment, but dramatic rise in gig economy: 54-68M workers lack benefits of “jobs.” (McKinsey, 2017) § One in two Americans cannot cover a $400 unexpected expense. (Federal Reserve, 2015) § College debt tops $1.3T (Federal Reserve, 2017) § Income inequality higher than at any time in history (Andy Sum, 2013) § Half American families have no retirement savings, of those who do, the median value is $5,000 (EPI, 2011) § Income volatility is rising faster than income inequality (Brookings, citing J. Hacker) § Stock Market at record levels, but ½ working Americans don’t own any. And the wealthiest 10% own 90% of it. Afewfacts…
- 41. Wheretolive?
- 44. MajorEvent#1 (undisclosed locationeast) “One in seven Americans are likely to lose their jobs.” Famous Person * Chris Hughes & the Stockton project do tie into policy.
- 45. MajorEvent#2 (undisclosed locationwest) “It’s not hard to imagine – a bobcat-bot,a retail-bot,Siri – jobs for those displaced will be the defining challenge of our time.“ Famous People
- 46. MajorEvent#3 (undisclosed locationwest) “We should have a program that trains people who are laid off or at-risk being laid off for new jobs.” Famous People in the Social Policy space (!!)
- 47. Enough. Please.
- 49. What to do? (Hmmm…How about… #ACCP18?!)
- 50. 1. Get real about transitions (that’sonus,allofus…) Solution#1: Forgenewcareer paths.
- 52. 1. Get real about transitions (that’sonus,allofus…) Solution#2:Build modernstudent supports
- 53. Photo credit: Kim Oanh Nguyen photosbykim.com
- 59. Awordabout training… “Government has a huge role to play: 1) We have to make benefits portable. 2) Streamline but don’t eliminate the regulatory environment. 3) Training – this is the one I’ve seen the fewest good answers for. 4) Housing in urban America.”
- 60. Jointhe wider ecosystem §Florida commissioned a report about what employers want from workforce system, only 2/3 wanted help with hiring or training “full-time employees” (not yet published). §Samaschool and kin §So many WDQI states (e.g., Ohio Education Research Center at “the” OSU”) §Learning platforms (General Assembly, Skillshare, Western Governors University) §Institutional Innovators (Arizona State University, Wallace Community College) §Online/Offline Networks (Meetups/LinkedIn) §SBDCs, Public Benefit Corps, Intrastate investing, localism, etc.
- 61. Since3500B.C.
- 62. Because the future is already here—it’s just not very evenly distributed. William Gibson https://medium.com/the-tomorrow-project
- 63. Keepintouch! Kristin Wolff, Social Policy Research Associates (SPR) @kristinwolff Kristin_Wolff@spra.com Your turn!