One of the biggest trends for Human Resources to keep an eye on in 2018 is the rapid growth of AI (Artificial Intelligence). Not only will this affect the way we work in human resources, our employees and companies as it requires consolidating tasks and compressing jobs, it’s going to be especially impactful on the larger scale to one particular segment of the workforce – women. With AI, brings higher job losses for women.
According to a new World Economic Forum (WEF) report entitled Towards a Reskilling Revolution published in January this year, more women are likely to lose jobs than men as AI expands in the workplace.
The predictions by the Bureau of Labor Statistics indicate that between now and 2026, 1.4 million jobs will be lost to AI in the U.S., of which 57% will belong to women. This is certainly not going to help close the already existing gender gap and pay disparities in the labor market for women employees.
Job qualification data was collected from 50 million job postings online then combined with data from U.S. labor statistics, researchers were able to put shape to who is going to be affected.
“The illiterate of the 21st century will not be those who cannot read and write,
but those who cannot learn, unlearn, and relearn.” Alvin Toffler, American
writer and futurist
So, what are the answers? Companies and individual employees will both need to step up and do their part in reskilling and upskilling initiatives. For starters, companies will need to develop designs for what the future of work looks like inside their organizations and the staffing to support this new structure. They’ll need to look for opportunities that will re-train existing staff to expand their jobs or transition to new ones laterally. They’ll also need to look at training employees to increase their skills for higher level work and more senior positions.
Employees, must come to the realization that if they are going to increase their chances for work that is more secure and relevant, they must be thinking about life-long learning. The world has changed and continues to do so. In order to keep themselves in demand, employees at every level need to continue learning. Much of this will require them to put aside their old paradigms and adopt new ones.
There is some good news however. According to the January WEF report, “95% of workers at highest risk of losing their jobs can be retrained for new, potentially higher-paying jobs.” Learning is not only the key, but the way to the future.
To learn more about how Onboardia can help you prepare for the future age of reskilling and upskilling your employees, give us a call at 800-771-8610 or Schedule a Demo. See how companies coast to coast are using Onboardia for online training. Onboardia was built by an HR professional for HR professionals.