We have never been in a time of so many simultaneous paradigm changes. From the way we create our food to the tools we use to complete daily tasks, technology advancements are driving tectonics shifts in all industries around the world.
What Karenann Terrell, Chief Information Officer at Walmart, found in her experience is that which new technology advancements are adopted vary from region to region, depending on needs at the local level. Innovation is also driven from the local level: small businesses that are on the verge can use technology advancements to save money and grow. Talent becomes the driver of where innovation is developed and nurtured.
Larry Quinlan discussed at The World in 2050: Talent Mobility and the Future of Jobs
in Washington, DC on January 14th the need for focusing on people in this technology debate. Technology is not a solution for all, but it can be a utility for all with proper education. The key to this is to discard traditional ideas of education ending when a student graduates college, and adopting an attitude that learning must be a lifelong process. Steven Currall, Dean of the UC Davis Graduate School of Management, echoed this sentiment, and discussed the importance of acting at a local level to invest in STEM education and creating centers of talent density.
The importance of this was explained by Wayne Scholes, CEO of Red Touch Media. Innovation in technology creates more jobs that bring companies from idea to product, but at the same time, 45 percent of jobs today will be automated in 20 years. We are educating a new generation for jobs that have not been created yet, and therefore it is more important than ever to emphasize an attitude of learning, understanding, and communicating technology developments.
Thanks to Plus Social Good and the United Nations Foundation for their live stream coverage as part of You+Davos+Social Good!
The World in 2050: Talent Mobility and the Future of Work
PANEL II: Technology Developments