A huge global job change is coming, how AI can save your life, and more trending stories

A huge global job change is coming, how AI can save your life, and more trending stories

Within the next 15 years, nearly 15% of the global workforce may need to switch jobs, according to the McKinsey Global Institute. By 2030, 75 million to 375 million workers will change occupation categories; another 400 to 800 million could be displaced by automation and need new jobs entirely. This will mark the biggest labor shift since the early 1900s. While new jobs will be created in the coming years, workers may not have the necessary skills to transition into these roles. As highly repeatable tasks become increasingly automated, soft skills — critical thinking, communication, and collaboration abilities — will become essential. ? Share your thoughts: #NewWorldofWork

Stat: "Only 2% of US households saw their incomes stagnate or decline between 1995 to 2005. Between 2005 and 2014, that number grew to more than 80%."

Hot topic: AI through the IV

Artificial intelligence often provokes fears among workers and privacy advocates, but machine learning and other advancements are also changing how we save lives. Here are some developments to track. ? Join the conversation: #LifeSavingAI

What happens when every day is payday? To woo workers and boost productivity, a growing number of employers — including Uber and McDonald's — offer instant pay services, reports The Wall Street Journal. Using app-based services like Instant Financial and DailyPay, employees can opt to receive a portion of their day’s wages via debit card. While some services only charge employers, others take as much as $3 per paycheck from employees. Instant pay may reduce the need for workers to resort to high-interest payday loans to cover expenses between paychecks, and it also encourages employee attendance. But it may actually discourage workers from saving. ? Share your thoughts: #InstantPayroll

Space companies are stuck in red tape on the home planet. Startups like Moon Express and Planetary Resources want to turn space into a profit center via mining operations and other efforts, but a 50-year old treaty may stand in their way, reports The New York Times. The Outer Space Treaty, which dialed down the arms race between the US and the Soviet Union, doesn’t specify what companies can and cannot do in space. It stuck to basics: No nation can claim ownership over a celestial body and space assets should be used for peaceful purposes. Now that companies have the means to reach the stars, governments need to pave a regulatory path to the final frontier. ? Share your thoughts: #SpaceProfits

So much for working your way through college: Rising tuition rates, declining state aid, and stagnant wages have made it nearly impossible to work your way through college, says MarketWatch. The federal student loan program — a well-intentioned LBJ-era policy — may be partly to blame: The availability of government-backed loans encouraged schools to charge more and state legislators to cut back on funding, leaving students holding the bag. ? Share your thoughts: #WorkingThroughCollege

One last idea: It’s easy to be disheartened by the scandals that have shaken Silicon Valley startups in recent months, but entrepreneur and author John Battelle argues that there’s a viable path forward. Battelle says it’s time for tech companies to embrace good governance, and it all begins with the board. ? Share your thoughts: #SiliconValleyGovernance

"The most important conversations in capitalism happen around the board table, and if that table is filled with founders’ proxies and wealthy investors, the decisions taken by a board will suffer, as will our overall innovation economy."

What's your take? Join the conversations on today's stories in the comments.

Come back tomorrow to start your day with a roundup of the professional news you need to know.

Scott Olster / Share this using #DailyRundown

Vivian Greene

Invest in Love? Life isn't about waiting for the storm to pass..It's about learning to Dance in the rain.?Vivian Greene

6 年

Instead of transitioning into new jobs, people will find sources of income more fulfilling and have time to enjoy their family, interests, and other passions.

Jan Alley

Service Technician at CCI Mechanical Inc.

6 年

Marginalized humans are easy targets for narcacist governments, and corpertacracy. The history books are clear ,it is not a great precident .

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Art Johnson

Sr. Instructional Designer / Chief Learning Officer / CEO

6 年

Folks - Here is really great content from recent Google Cloud On Air event that explains what AI's Machine Learning (ML) is about with having to be rocket scientist or coder - If machines can now learn, then how does that impact instructional design? Who does what and what does what? - https://youtu.be/rwJTuHyySUU

Daniel Pearson

Glass glazier, Automotive Glass Technician

6 年

Depends on what you consider smart. If someone is starting a company to stay held in the material state they've lost before they started. One day I hope that will make sense to people. Personally I think it's to late. Money has become conscious to most and, all that's created is heaps of legendary problems.

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