Robots haven't taken over most jobs yet, but...

Robots haven't taken over most jobs yet but all almost professions require ever increasing technological know-how: 

Bottom Line: I'm not a believer in the dooms day scenarios that suggest that half of all jobs will be eliminated by technology and robots within 20 years or so. That's linear thinking that doesn't allow for the new opportunities that are created when new technology dramatically impacts our society. That being said almost all jobs are being dramatically impacted by technology and the need to adapt has been, is and will doubtlessly remain critical to remain relevant going forward.  

According to new research from the Brooking's Institute 95% of all occupations have been meaningfully impacted by technology in the past 15 years impacting 90% of the workforce. Digital components to one's occupation is the most common way in which job requirements have evolved. It's likely that even if you work in the same industry/job your day-to-day is significantly different compared to 15 years ago.  

In terms of the overall technological expertise required to operate in today's labor market... The US Department of Labor keeps a tracker on a scale of 0-100. Zero represents no technology/digital skills required. 100 means you'd need to be an expert relative to your field. Fifteen years ago, the average job was a 29 in 2002. Today it's up to a 46 and clearly there aren't any signs of the need for digital know-how going anywhere but up. So, this is what I think the future of the labor market looks like. Not one in which the people have been eliminated by technology as much as the need to command particular technology relative to your field becoming critical to your success.  

 

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