WEF Predicts 39% of Skills May Become Outdated by 2030

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It’s surprising to learn that the shift in AI might leave many of our skills unnecessary and outdated in the very near future.

Highlights:

The report highlights the rapid evolution of the job market due to factors like automation, digital transformation, and rapid technological advancements.
The report emphasizes the growing importance of human-centric skills like critical thinking, creativity, and emotional intelligence.

The World Economic Forum (WEF) has released a report predicting that 39% of skills currently considered important in today’s job market may become obsolete by 2030. The report, titled “The Future of Jobs Report 2025,” highlights the rapid pace of technological advancements and the evolving nature of work and the job market as key drivers of this shift.

The WEF report analyzes data from over 1000 companies across 22 industries and55 economies globally, representing 14 million employees. It identifies several key trends contributing to the obsolescence of existing skills:

Automation and Artificial Intelligence (AI): Automation technologies and AI are increasingly being used to automate routine tasks, replacing the need for human workers in certain roles and shifting job trends to be less manual.
Digital Transformation: The ongoing digital transformation of businesses is creating a demand for new digital skills while rendering some traditional skills redundant.
Rapid Technological Advancements: The rapid pace of technological innovation, such as the rise of cloud computing, blockchain, and the Internet of Things (IoT), is constantly creating new job roles and requiring new skillsets.

The WEF report also outlines the future skills that are expected to become more important to the job market by 2030. These include:

Analytical and Critical Thinking Skills: The ability to analyze complex information, solve problems, and make sound decisions will be highly valued.
Creativity and Innovation: As automation takes over routine tasks, the ability to think creatively and come up with innovative solutions will become increasingly important.
Digital and Technological Skills: Proficiency in digital tools, coding, and data analysis will be essential for navigating the evolving digital landscape.
Social and Emotional Skills: Skills such as communication, teamwork, and emotional intelligence will be crucial for building and maintaining strong relationships in the workplace.

The WEF report emphasizes the need for individuals and organizations to adapt to these changing skill requirements. It recommends that individuals invest in lifelong learning and upskilling to stay relevant in the job market. Organizations, on the other hand, are encouraged to invest in reskilling and upskilling programs for their employees, as well as creating a culture of continuous learning.

Keeping in line with what theWEF report highlights regarding the 2030 job market, the importance of preparing for the future of work by anticipating the changing skill requirements of the future and investing in the necessary training and development.

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Schedule a consult with us to learn more about our services and how they can help you stay at par with changing job trends and markets.