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The document discusses the future of work as outlined by the World Economic Forum, highlighting the need for reskilling due to technological advancements. By 2025, it is projected that 85 million jobs may be displaced, while 97 million new jobs may emerge, emphasizing the importance of critical thinking, problem-solving, and adaptability. Additionally, it notes the acceleration of technology adoption among companies, with a focus on cloud computing, big data, and AI.

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0% found this document useful (0 votes)
12 views6 pages

PP Assigment

The document discusses the future of work as outlined by the World Economic Forum, highlighting the need for reskilling due to technological advancements. By 2025, it is projected that 85 million jobs may be displaced, while 97 million new jobs may emerge, emphasizing the importance of critical thinking, problem-solving, and adaptability. Additionally, it notes the acceleration of technology adoption among companies, with a focus on cloud computing, big data, and AI.

Uploaded by

samibutt304
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment #

Submitted To
Mr. Mubbashar Hussain
Submitted By

Wahab Younas (18321519-007)

Ahmad Safiullah Khan (18321519-009)

Sarmad Hassam Butt (18321519-014)

Hadi Arshad (18321519-038)

Sheraz Munawar (18321519-027)

Section A

Professional Practices
Due Date
Tuesday, July 26, 2022
fall – 2021

Department of Computer Science


Faculty of Computing and Information Technology
University of Gujrat, Hafiz Hayat Campus
Jobs according to WEF
The future of work, jobs and skills was a core theme of the World Economic Forum’s Annual
Meeting in Davos, .Discussions ranged from tackling skills shortages, to the multiple benefits of
investment in social infrastructure, and redesigning organizational structures altogether.

Technical job landscape in 2022 According to the WEF is

1. Data analysts and Scientists


2. AI and Machine learning
3. General and operational manager
4. Software and Application Developers
5. Sales and marketing
6. Big Data specialists
7. Digital Transformation specialists
8. New technology specialists
9. Organizational Development Specialists
10. Informational Technology Services

As for as Future Jobs concerns

50% of all employees will need reskilling by 2025, as adoption of technology increases,
according the World Economic Forum's Future of Jobs Report. Critical thinking and problem-
solving top the list of skills employers believe will grow in prominence in the next five years.
Newly emerging this year are skills in self-management such as active learning, resilience, stress
tolerance and flexibility. The Forum estimates that by 2025, 85 million jobs may be displaced by
a shift in the division of labour between humans and machines.But even more jobs – 97 million –
may emerge that are more adapted to the new division of labour between humans, machines and
algorithms.

Top 10 jobs expected in 2025:


1. Analytical Thinking and Innovation
2. Active Learning and learning strategies
3. Complex Problem-Solving
4. Critical thinking and analysis
5. Creativity, Originality and Imitative
6. Leadership and social Influence
7. Technology Use, Monitoring and control
8. Technology design and programming
9. Resilience ,stress tolerance and flexibility
10. Reasoning ,problem-Solving and ideation

5 things to know about the future of jobs


The future of work is increasingly becoming today’s reality for millions of
workers and
Companies around the world. Here is what you need to know to be ready:
 Automation, Robotization and digitalization look different across different
industries
 There is net positive outlook for the jobs-aimed significant job disruption
 The division of labors between humans, machines and algorithms is
shifting fast
 New tasks at work and driving demand for new skills
 We will all become long life learners

120

100

80

Machine
60 Human

40

20

0
2018 2022 2025
Forecasts for Labor Market Evolution in 2020-2025
Over the past five years, the World Economic Forum has tracked the arrival
of the Future of Work, identifying the potential scale of worker displacement
due to technological automation and augmentation alongside effective
strategies for empowering job transitions from declining to emerging jobs. At
the core of the report and its analysis is the Future of Jobs survey, a unique
tool which assesses the short- and long-term trends and impact of
technological adoption on labour markets. The data outlined in the following
chapter tracks technological adoption among firms alongside changing job
requirements and skills demand. These qualitative survey responses are
further complemented by granular data from new sources derived from
privately-held data that tracks key jobs and skills trends. Together, these two
types of sources provide a comprehensive overview of the unfolding labor
market trends and as well as an opportunity to plan and strategize towards a
better future of work.

Technological adoption
The past two years have seen a clear acceleration in the adoption of new
technologies among the companies surveyed. Figure presents a selection of
technologies organized according to companies’ likelihood to adopt them by
2025. Cloud computing, big data and e-commerce remain high priorities,
following a trend established in previous years. However, there has also been
a significant rise in interest in encryption, reflecting the new vulnerabilities of
our digital age, and a significant increase in the number of firms expecting to
adopt non-humanoid robots and artificial intelligence, with both technologies
slowly becoming a mainstay of work across industries.

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