TMCnet Feature
December 08, 2021

The Evolution of Work: Where Are We Headed?

Today’s workforce is evolving and changing as well as the job sector. There are now more jobs than ever before, especially with the introduction of new technologies.

So much is changing in today’s workforce that it’s hard to keep track. Still, based on current work trends, it’s possible to project some big-picture future scenarios.

With that in mind, here is an educated guess on how the future of work might play out.

How Technology Is Disrupting the Future of Jobs

Technology is disrupting the future of jobs in many ways. Here are three probable changes that may occur.

  1. More business efficiency. The most common future scenario is more business efficiency. Marketing, for example, will focus on behavioral segmentation of a target audience to develop more personalized customer experiences. Small and medium-sized businesses will be able to successfully compete with big businesses because they will be able to rapidly identify their target audience and create customized customer experiences that will drive sales.
  2. New jobs will be created. With the advancement of technology, new jobs will be invented. There will be many new jobs that employees will have to learn in the future.
  3. Less working hours will be necessary. It is highly likely that the traditional eight-hour work day will become a thing of the past. Since technological advancements have already allowed people to work remotely and collaborate with colleagues around the world, showing up to an office will become increasingly unnecessary. Moreover, in the near future robots will be able to do manual work in factories faster and there’s a possibility automated software will be able to do tedious office work more quickly and accurately.

A Flex Economy Will Revolutionize Work

The emergence of a flex economy has been a growing trend for many years now. At the same time, there has been an increase in the amount of knowledge workers and freelancers, especially in recent years.

The ever-changing nature of work is causing some serious problems for employers and employees alike. It is creating more anxiety and uncertainty than one would imagine. However, this is probably just a passing phase -- something to be expected when there is a paradigm shift.

The gig economy, for instance, is a dramatic shift. It is shaking up the entire idea of work as the prospect of sitting at a desk in an office, standing on your feet in a store, or working with machines in a factory for eight hour shifts.

Companies like Uber and Lyft have popularized the idea of this new economic structure, which is a departure from traditional employment. Workers can choose to work as few or as many hours as they want, and they can also decide what type of work they’d like to do. The key benefit of this system is that it offers individuals flexibility in their income and schedules.

The Future of Job-Related Education

With the rapid advancements in technology, there are many jobs that will not be needed anymore. They will either be phased out because they are obsolete or they will be done more efficiently by automation, like cashiering and customer service jobs.

However, instead of more university courses on campuses and more in-house training in corporations, most educational programs will be delivered through the Internet. That is because it will be more cost-effective and more efficient. An expert system that has synthesized the knowledge of the world’s top professors in various disciplines may replace live lectures in various colleges and universities around the world and interactive software programs may replace class assignments and examinations.

Where Will You Be Working in 10 Years?

The jobs of the future are getting more automated. The skills needed to be successful will be different than what is required today. Since this is happening at an accelerated rate, the coming decade will probably be drastically different from the current working world.

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