The future of work in the Fourth Industrial Revolution

If we are to seize the opportunities, and avoid the pitfalls, of the Fourth Industrial Revolution, we must consider carefully the questions that it raises. We must rethink our ideas about economic and social development, value creation, privacy and ownership, and even individual identity. — Klaus Schwab (Founder and Executive Chairman, World Economic Forum Geneva)

The Fourth Industrial Revolution isn’t just about artificial intelligence, robots, smart machines, augmented reality or connecting them all together in an internet of things. As important as all this is, and trust me it is very important, the Fourth Industrial Revolution at the end of the day isn’t about machines but about humans — the way we live, learn, earn and play.

As the Fourth Industrial Revolution continues to evolve the future of work will increasingly be defined by the use of digital technology not to simply supplant humans but to augment human ability and experiences. Please don’t get me wrong I am not saying that this evolution will be an easy and or a seamless process. Far from it.

The technological changes being witness now, as with any evolution revolution, will cause massive distributions particularity in the world of work as we continue to adjust to the new realities. However, it must also be remembered that with distribution will come new opportunities. We have already seen many jobs like social media manager that didn’t exist a few years being created that we not only consider normal but indispensable.

The Fourth Industrial Revolution as technological front facing as it is is also a social, economic and political process that relies on data to create value for humanity. In other words it is knowledge driven and impacts all aspects of life.

In terms of the future of work the secret for a bright future seems to me to lie in flexibility and in the ability to reinvent yourself.These words by Jon Williams of PricewaterhouseCoopers echoes loudly with clear truth.

Originally published at www.commerciallawinternational.com on April 19, 2018.

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Special Economic Zone Specialist | Logistics and Global Value Chains Enthusiast | Educator | Blogger | Lawyer| Data Viz Student| Rugby Player

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Ainsley Brown

Ainsley Brown

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Special Economic Zone Specialist | Logistics and Global Value Chains Enthusiast | Educator | Blogger | Lawyer| Data Viz Student| Rugby Player