The future of work provides unparalleled opportunities for growth but also presents significant challenges. The conversation on how technology will affect the job market has a recent past brought about raging debates all over the world. It is ardent that workers start shifting or upskilling their skill sets to the direction in which the world is changing. Some of the factors contributing to this shift in the workplace are globalization, changing demographics and technological advancement.
Due to technological advancement and innovation, there is expected to be a job shift with emerging job roles increasing from 16% to 21%. By 2022, the jobs done by humans will reduce to 58% while those done by machines or algorithms will see an increase to 42%.
Currently, about 71% of jobs across the various industries are predominantly performed by humans, compared to only 29% done by algorithms or machines. However, as of today, no jobs that are done purely by machines or algorithms. It is anticipated that by the year 2020, 75 million current job roles may be displaced by the shift in the division of labor between humans, algorithms, and machines while another 133 million new job roles are expected to emerge at the same time.
Cezanne Maherali, Head of Policy for Uber East Africa, speaking at the media policy breakfast said that by 2022, online marketplaces have the potential of creating up to 3 million jobs in Africa thus play a critical role in economic growth.
Jobs based on or enhanced by technology are among the fastest-growing occupations in the market. These include data analysts, data scientists, software developers, application developers, and e-commerce specialists and social media specialists.
Speaking at the Media Policy breakfast for journalists, Phillip Thigo, Director for Africa for the Thunderbird School for Global Management and Technology emphasized that the people factor must remain constant; technology is just an enabler.
Jobs that require human traits such as communication, sales, marketing, people and culture, organizational development, training, and development will also see an increase. Human skills such as initiative, critical thinking, creativity, originality, persuasion, and negotiation will likewise retain or increase their value, as will attention to detail, resilience, flexibility and complex problem-solving.
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