The Digital Skills Gap and the Future of Jobs 2020 – The Fundamental Growth Mindset

if you're watching this you're among the three percent of people that understand that the future of work is going to look very different from what it is now so keep watching let's see where we're heading it's also exciting right theory will recognize your voice even if you're five meters away from your phone that new chatbox feels totally real self-driving cars are no longer fiction you can analyze your DNA you tried flying that drone for the first time and you're thinking of buying a smart speaker to make your life so much easier a few years from now and that's something like three years not 30 artificial intelligent robotics machine learning masked 3d print biotechnology at BOTS virtual reality planning drones augmented reality smart objects will all be deeply in rooted in our everyday life just like computers phones or electricity are for us today oh well is this really going to happen and if it does you'll adapt when the time comes right life is good you love your job you've been working for this established company for a few years you're comfortable in your position you know what you're good at people like you and that last presentation you gave got you some amazing reactions you're safe with your company in the mean time you see an article or two speculating on the future of jobs McKinsey published a report stating that 45% of all current tasks could be automated with present technology the World Economic Forum estimates the 33 percent of jobs in 2020 don't even exist yet but what's they know right you've got time oh look the supermarket just introduced self cashier machine you're at the airport checking in luggage what the heck happened to all the real people at the check-in day gone replaced by machines but it's only the low-skilled job right nope think again in 2012 there were 150,000 humans working on Wall Street three years later automation has cut that number down to 100,000 that's one third gone but it's only the mathematical and scientific jobs right nope thanks again this Japanese insurance company for Koko mutual life insurance is already replacing all its human insurance claim workers with an AI system that will handle customers more efficiently see these articles they're written by algorithm and we can't tell the difference with human written content thinking of converting yourself to being an online poker player to lay there's an AI that can already beat humans of it most journalists tax consult marketeer technicians knowledge workers lawyers even the person editing this video right now well to some extent have been impacted or automated by technology in a couple of years and what have you been doing probably watching Netflix and the problem is the machines don't wait and the machines they don't watch Netflix so what are the forces at play here basically there's 10 million developers out there using increasingly simple and cheap technology to build new products and services some as young as 12 are already coding the future even that safe company you work for is increasingly under outside trick and it's not just the Google Amazon Facebook Sand apples of the world that I'm talking about there are now tens of thousands of startups out there eating away at all sorts of jobs now are they creating many jobs in the process let's look at some stats travel a bunch of years back to encode that ruled the world of photography they were worth 38 billion and employed 140,000 people that's approximately 270,000 dollars per employee our people work with pride to make Kodak creative and innovative company fast forward to recent times YouTube so for 1.65 billion with a mere 65 employees that's 25 million dollars per employee Instagram which has 13 employees and was sold for 1 billion dollars that's 77 million dollars for employee whatsapp so for 19 billion with 55 employees that's a staggering 345 million per employee so how is this all possible technology has allowed the emergence of what we call exponential organizations these are exponentially fast growing companies that leverage technology and require less employees but more tech-savvy ones you will find that we are technology optimist we believe that technology they major driver of change in the world and the software continues to eat up the world more companies are trying to replicate these exponential communities hire less people but grow exponentially through technology as this happens job roles are slowly disappearing and being replaced by skill sets employers require you to know an ever-growing number of new and ever-changing fundamental skills in order to use the technologies they've implemented master the fundamentals you can master the rest a digital skill gap is growing for both mid skill and high skill level jobs before you know it you've become irrelevant but wait what's this doomsday message there's actually a way to leverage technology before it leverages you and in fact it's never been easier to do so this might sound kind of corny but it starts with the right stay of mind it starts with having a growth mindset where you have the desire and the confidence that you can learn anything shift your thinking on how these technologies will rattle and mutate but enrich your work life because yes if you play your cards right technology will make your work life and your life in general much much better the fact is that technology will actually remove boring repetitive jobs from your way but only if you understand the fundamentals and you have no excuse not to do so how can you stay relevant if you can't talk the lingo how can you stay relevant if you can't execute you talk tech can you talk API and you topcoat and you talk data while slow educational institutions are struggling to keep up that's not an excuse train yourself take your education in your own hands learn to code learn about behavioral psychology automation tools playing with data user experiences be curious and if you're an employer train your people online and offline courses have never been more readily available or rich in content it's time to build something your greatest credential in this new era is your output of stuff proof of your awesomeness a website a blog a prototype a simple data model it's time to build cool stuff and showcase it it's time to start learning it's time to get done it's time for your growth

23 thoughts on “The Digital Skills Gap and the Future of Jobs 2020 – The Fundamental Growth Mindset”

  1. Loved the video, you have my thumbs up, it doesn't matter if we want it or not, the digital revolution its happening.
    I'm a nurse from Barcelona, and Health-tech companies are coming and growing here, I'm learning to code as I see growing a lot of new jobs mixing healthcare with technology, like IoT, wearables or Blockchain for data security. Keep up the good content!

  2. Simply love it…its not just a video but its the truth…and yes this video has been so…oo helpful for my research and I hope to see more..

  3. I need time to assimilate this info. It's easy to tell some to go and code if that does not interest them or if they have no aptitude for it. However, what I got from this video was that no matter your skill set you have to create a niche marketbase for yourself because the era of working for a company (or 2) for a salary will soon be gone. Look at yourself as the CEO of your life. What are you good at? How can you innovate and market your skills? Will your skills be relevant? Those are tough questions to answer if you are unskilled. Educational attainment won't matter so much as skill set. So if your talent is magic tricks and comforting pets you have yourself a business.

  4. To consider consumption of masses & increased human interactions with equal growth oppoprtunities to grow & make money is combination of DIRECT SELLING & ECOMMERCE people should be ready for change amd embrace it……..It's time NOW to explore & be a part of it parallely !!!!!!!

  5. This doesnt cover what happens when you spend 5 years trying to learn to write code, and even if your pouring 30+ hours ( still need to work and sleep to pay bills ) on your own time and your still so bad that nobody would want you working for them.

  6. Only if you let them. Im not letting a smart speaker record all my voice logs. Thankfully I have an older shit kyocera that doesnt seem capable of doing it either.

  7. I was interested in showing this to my middle level students; is it possible you have the same video created/uploaded that refrains from using the expletive at the end of the video?

  8. Doing my masters research on the skills gap. Would love to have insights on a good theory or concept to use. Thanks

  9. This is depressing and dangerous for humans. Automation till some extent is ok. But complete automation is a dangerous game. I oppose it.

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