Summary of Realizing Human Potential in the Fourth Industrial Revolution

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Even if robots won’t replace most workers, the world of work will dramatically change. The World Economic Forum organized a discussion forum on how to prepare today’s – and tomorrow's – workforce. This white paper details an agenda for governments and others to shape education, gender and work for the future. getAbstract recommends this dense analysis for its concrete, actionable steps. 

 

In this summary, you will learn

  • How education systems need to change to prepare today’s kids for future work environments, 
  • How policy makers can prepare people for upcoming changes in the world of work and 
  • What national care solutions can help stabilize the economy. 
 

About the Author

The World Economic Forum is a global nonprofit foundation that brings together international leaders in politics and business to shape policy.

 

Summary

Technology and globalization are changing the working world. New jobs develop, existing jobs change – requiring workers to keep their skill sets continually up-to-date – or disappear entirely in more rapid succession. Some experts believe that automation will eventually destroy 50% of today’s jobs – although others believe the number to be closer to 9%.  Education and training systems are slow to adjust and don’t prepare kids sufficiently for the working world they will enter. Women continue to be at a disadvantage in the working world; men still fill the majority of positions in high-potential sectors and high-status jobs. To overcome such challenges, the private sector and policy makers need to: 


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