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The promise of a world with rapidly evolving technology also comes with vast challenges for workers and the future of the workplace. This is especially true for automation and artificial intelligence (AI). The future of work is expected to change in three critical ways:
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Workers won’t be the only ones required to evolve. Employers could need to rethink business processes to take full advantage of the potential for better technology paired with human skills.
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These changes will cause disruptions to workers and employers. For AARP, the impact of this shift on work is less about the technology and more about the role people will play, and what skills they will need to be successful while working alongside technology.
Employers are increasingly hiring contingent workers, which provides greater flexibility, but also more risks and less stability for workers.
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Skill needs will change over time, so workers, employers and policymakers need to figure out how to ensure that workers can learn new skills to keep up.
With the workplace constantly evolving to keep up with the latest technology, there will be opportunities and challenges for employers and workers alike.
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As life expectancy increases, many people will want or need to work longer. These workers are already huge contributors to economic growth, and their impact will only grow.
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Contact Julie Miller, Director for Financial Resilience, AARP Thought Leadership for more information about AARP's Future of Work Megatrends initiative.
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