Present jobs may become extinct by 2030 due to automation – Apec

Present jobs may become extinct by 2030 due to automation - Apec

At least 375 million workers will have new occupations by 2030, and jobs today are likely to become extinct as a result of digital innovation, a member of the Apec Business Advisory Council has said. Guillermo Luz predicted that around 65% of the current generation’s children will have jobs that don’t now exist, based on a RMIT University research project, which looked into the impact of digitalization on existing and future jobs. The research showed that a third of current skill sets will be replaced by 2020, and 375 million workers will have new jobs by 2030. Luz said that harnessing digital innovation will be key to the future economy. For the Philippines, he stressed the importance of leveraging human capital through education and training.

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