The document discusses the changing nature of work due to factors like automation, the gig economy, and new technologies. It notes that while technologies have eliminated some jobs, they have also created new ones, and that historically each period of technological change has ultimately led to higher overall employment levels. The document also examines trends in communication technologies, the growing role of artificial intelligence, and challenges for the future like reskilling workers and validating skills in a more automated, project-based gig economy.

2. BACKGROUND
@kristjanfreyr

8. !
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9. FUTURE OF WORK?
@kristjanfreyr

10. Source: https://www.theatlantic.com/magazine/toc/2015/07/

11. Source: https://www.economist.com/leaders/2006/02/16/how-to-manage-an-ageing-workforce

12. Source: https://www.economist.com/britain/2017/07/13/self-employed-or-employee-britain-wrestles-with-the-gig-economy

13. https://www.forbes.com/sites/tjmccue/2018/08/31/57-million-u-s-workers-are-part-of-the-gig-economy/#663054787118

14. https://www.forbes.com/sites/tjmccue/2018/08/31/57-million-u-s-workers-are-part-of-the-gig-economy/#663054787118

15. https://www.nytimes.com/2015/05/10/magazine/what-hollywood-can-teach-us-about-the-future-of-work.html

16. WHAT CAN HISTORY
TELL US?
@kristjanfreyr

17. McKinsey “Jobs lost, jobs gained.” https://goo.gl/wmqfd9
1850
50% in
agriculture

18. McKinsey “Jobs lost, jobs gained.” https://goo.gl/wmqfd9
2019
1.5% in
agriculture

19. BUT OUTPUT
HAS INCREASED

20. How will the world look like
in “the future”.
@kristjanfreyr

21. @kristjanfreyr
Lets look at some numbers

22. 4 income levels
Income per person in dollars per day
adjusted for price di!erences.
Source: https://www.gapminder.org/topics/four-income-levels/

23. $2 $8 $32

25. MORE PEOPLE
-> MORE MONEY
-> MORE INVESTMENTS
@kristjanfreyr

27. FOR 40 YEARS
NEW YORK
ONE
PER MONTH

28. TECH HAS
CREATED JOBS

29. COMPUTERS ARE A
GREAT EXAMPLE

30. THEY CREATED 15M NEW JOBS
IN THE US

31. McKinsey “Jobs lost, jobs gained.” https://goo.gl/wmqfd9
New jobs created by
computers (US)
Examples of jobs created
and destroyed by computers (thousands)
THEY CREATED 15M NEW JOBS
IN THE US

32. McKinsey “Jobs lost, jobs gained.” https://goo.gl/wmqfd9
2016-2030
375m people in new jobs

33. What has happened
in 10 years?
@kristjanfreyr

34. iPad

35. Chrome

39. 2011 2012 2013 2014 2015 2016 2017
0.57M
0.67M
0.81M
1M
1.29M
1.79M
2.22M
ICELAND VISITORS

41. http://www.aei.org/publication/fortune-500-firms-1955-v-2017-only-12-remain-thanks-to-the-creative-destruction-that-fuels-economic-prosperity/
Fortune 500
founded in 1955

42. 60
companies are active
http://www.aei.org/publication/fortune-500-firms-1955-v-2017-only-12-remain-thanks-to-the-creative-destruction-that-fuels-economic-prosperity/

43. 50%
Of current work activities are
technically automatable
https://www.mckinsey.com/featured-insights/future-of-work/jobs-lost-jobs-gained-what-the-future-of-work-will-mean-for-jobs-skills-and-wages

44. 6/10
Current occupations have more
than 30% activities that are
technically automatable
https://www.mckinsey.com/featured-insights/future-of-work/jobs-lost-jobs-gained-what-the-future-of-work-will-mean-for-jobs-skills-and-wages

45. Infrastucture vs tech-stack
@kristjanfreyr

46. Would You have worked in
1995?

47. Source: https://www.usv.com/blog/the-myth-of-the-infrastructure-phase
First, apps inspire infrastructure.

48. Source: https://www.usv.com/blog/the-myth-of-the-infrastructure-phase
First, apps inspire infrastructure.
-> Then that infrastructure enables new apps.

49. Source: https://www.usv.com/blog/the-myth-of-the-infrastructure-phase

50. Source: https://www.usv.com/blog/the-myth-of-the-infrastructure-phase

56. Investments in AI
@kristjanfreyr

57. (excluding hardware-focused robotics startups). Source: CB Insights, “State of Artificial Intelligence 2018.”
Investments in AI between 2013-2017
2013
2014
2015
2016
2017
Disclosed Deals Disclosed Funding
$15B$6B$5B$3B$2B
1,349
888
635
482
310310
482
635
888
1,349

58. Cars that drive themselves

62. source: https://www.youtube.com/watch?v=2kIekmfaGd0
@kristjanfreyr

64. Communication
has hanged.
is changing

65. Source: The Messaging App Report, Business Insider
Messaging apps
have surpassed
social networks

66. Source: The Messaging App Report, Business Insider
Messaging apps
are growing
exponentially

67. Most popular mobile messaging apps
worldwide as of july 2018, based on number
of monthly active users (in millions)
0
400
800
1200
1600
Telegram Line Snapchat Viber Skype QQ Mobile WeChat Facebook Messenger Whatsapp
1,500 M
1,300 M
1,040 M
806 M
300 M260 M255 M
203 M200 M
Source: https://www.statista.com/statistics/258749/most-popular-global-mobile-messenger-apps/

68. Source: The Messaging App Report, Business Insider
~60% of US
millennials and
gen Xers have
used chatbots
on a messaging
app

69. Source: https://www.livechatinc.com/blog/chatbots-improve-customer-service/

71. Lets pick an industry
@kristjanfreyr

72. Lets pick an industry
@kristjanfreyr
HR TECH

73. Source: 50skills Data Labs

75. https://textio.ai/heres-what-happens-when-you-take-a-company-culture-poll-at-saastr-ba45cd25113a

76. https://textio.ai/heres-what-happens-when-you-take-a-company-culture-poll-at-saastr-ba45cd25113a

77. $100-$200 BILLION
https://goo.gl/ecA9Jq
VALUE UNLCOCKED
IN HR DUE TO AI !

78. Challenges ahead
@kristjanfreyr

79. @kristjanfreyr
AUTOMATION
ROBOTICS
GIG ECONOMY
CARE ECONOMY
EDUCATION
RESKILLING

80. Stats being impacted?
@kristjanfreyr

81. @kristjanfreyr
250
5
1
applicants per job post
applicants interviewed
hire made
https://goo.gl/9feRpj

82. @kristjanfreyr https://goo.gl/9feRpj
Most applicants never
get a response.
250 applicants per job post

83. @kristjanfreyr
45% apply for jobs using mobile devices
https://goo.gl/9feRpj

84. @kristjanfreyr
" But hiring process often not tailored
for mobile
https://goo.gl/9feRpj
45% apply for jobs using mobile devices

85. @kristjanfreyr
69%
would not take a job with a
company that had a bad reputation
https://goo.gl/9feRpj
# Even if they were unemployed

86. @kristjanfreyr
42 Average time to hire
Average time to interview
https://goo.gl/9feRpj
21

87. BUT TOP
PASSIVE CANDIDATES
GET A JOB
WITHIN 10 DAYS

89. “Millennials are set to dominate the work
force by 2025.”
https://goo.gl/9feRpj

90. 64% of Millennials would rather make $40K a year at a
job they love, than $100K a year at a job they think is
boring.
https://goo.gl/9feRpj

91. 64% of Millennials would rather make $40K a year at a
job they love, than $100K a year at a job they think is
boring.
86% of people in the first 10 years of their career are
likely to use social media in their job search
https://goo.gl/9feRpj

92. 64% of Millennials would rather make $40K a year at a
job they love, than $100K a year at a job they think is
boring.
86% of people in the first 10 years of their career are
likely to use social media in their job search
Nearly 2 in 3 say their employer does not (or know how
to) use social media to promote job openings
https://goo.gl/9feRpj

93. What will it be like
working in an AI driven
Gig economy?
@kristjanfreyr

94. Verified skills will become
more important
@kristjanfreyr

95. Here is a list of modern
tools that the new generation
wants to use in their day-to-day
work

96. Modern Finance apps

97. Modern Back-o#ce apps

98. Modern Collaboration apps

99. Modern Collaboration apps

100. Modern Curation & Sourcing apps

101. Modern Design & Creativity apps

102. Modern Developer tool apps

103. Modern HR & Legal apps

104. Modern Marketing & Analytics apps

105. Modern Marketing & Analytics apps

106. Modern Sales & CRM apps

107. Modern Social Media & Advertising apps

108. Modern Storage & File Sharing apps

109. Modern Task & Project Management apps

110. Modern Task & Project Management apps

111. Modern User Support & Survey apps

112. Predictions for the
21st century

113. People will want:
@kristjanfreyr

114. People will want:
@kristjanfreyr
Services 24/7

115. People will want:
@kristjanfreyr
Everything
in real time $

116. People will want:
@kristjanfreyr
To integrate work in familiar
channels

117. People will want:
@kristjanfreyr
To talk with a human

118. People will want:
@kristjanfreyr
Personalized
services

119. People will want:
@kristjanfreyr
To switch jobs frequently

120. People will want:
@kristjanfreyr
Get hired
based on projects

121. People will want:
@kristjanfreyr
To pick days they can work
to fit all of their projects

122. People will want:
@kristjanfreyr
Get hired in an automated way

123. What do you think?
@kristjanfreyr

124. !
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125. Kristjan Kristjansson
kristjan@50skills.com