Digital transformation to generate new employment
Greater digitalization through disruptive technologies –with more interconnection, automation and robotization– is transforming traditional employment. Some 65% of children who are today beginning their elementary education will eventually have jobs that does not yet exist. Likewise, digitalization is creating new markets and business models that are already transforming telecommunications, transports and payment services.
While technology advances rapidly, organizations and individual professional skills are slow to respond. Some 43% of employers say they cannot find workers with the necessary knowledge and skills, while at the same time there are more than 75 million unemployed young people in the world.
How are companies handling this digital transformation? Will it have an impact on business demography? Do they think digital transformation will create more employment than expected? How should they adapt talent in this fourth industrial revolution? What will be the future weight of automatization and robotization and their fiscal impact?