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Antonis Christidis
OCTOBER 2018
THINKING ABOUT
THE FUTURE OF WORK
55
Copyright © 2018 Mercer (US) Inc. All rights reserved.
“THE AUTOMATION JOBLESS”, TIME MAGAZINE
What worries many job experts is that automation may
prevent the economy from creating enough new jobs...
Throughout industry, the trend has been to bigger production
with a smaller work force... Many of the losses in factory jobs
have been countered by an increase in the service industries
or in office jobs.
But automation is beginning to move in and eliminate office
jobs, too.
56
Copyright © 2018 Mercer (US) Inc. All rights reserved.
WHEN WAS THIS ARTICLE PUBLISHED?
A. 1961
B. 1984
C. 2002
D. 2017
57
Copyright © 2018 Mercer (US) Inc. All rights reserved.
Consider this:
58
Copyright © 2018 Mercer (US) Inc. All rights reserved.
But also this:
59
Copyright © 2018 Mercer (US) Inc. All rights reserved.
And then there are them:
60
Copyright © 2018 Mercer (US) Inc. All rights reserved.
45% of today’s jobs are
automatable…
90%
35%
Today
10%
55%
45%
100%
~2025
55%
AUTOMATION IMPACT ON THE WORKFORCE
NUMBER OF JOBS, %
..AND THE NATURE OF WORK AND COMPOSITION
… but only up to
10% of jobs are
actually
threatened…
… and 35% of the remaining
jobs will see their core tasks
change significantly
The changing nature
of work
…and of the
workforce
composition
Relational
Transact.
Expertise
~2025
Expertise
Relational
Transact.
Today
External
External
External
Internal
Internal
~2025
NATURE OF WORK COMPOSITION
Source: Oxford University, OCDE, France Stratégie, World Economic Forum, Mercer and Oliver Wyman analysis
35%
© MERCER 2018
20%
Unaffected
NEW SKILLS AND JOBS NEW MINDSET
NEW WAYS OF
WORKING
NEW CULTURE
As a result, we predict:
As AI capabilities
progress, our jobs
will focus more
and more on
complex,
unstructured
situations.
This time, there is
a risk though…
Source: Engaging the workforce in digital transformation – a new model to enable your digital strategy, Oliver Wyman, Mercer & Thomas Kochan (MIT)
Al-proven
Current frontier for
AI application
1
2
3
4
FREQUENCY
STRUCTURE AND SPECIFICITY
Low
Low
High
High
62

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Antonis Christidis, Mercer

  • 1. Antonis Christidis OCTOBER 2018 THINKING ABOUT THE FUTURE OF WORK
  • 2. 55 Copyright © 2018 Mercer (US) Inc. All rights reserved. “THE AUTOMATION JOBLESS”, TIME MAGAZINE What worries many job experts is that automation may prevent the economy from creating enough new jobs... Throughout industry, the trend has been to bigger production with a smaller work force... Many of the losses in factory jobs have been countered by an increase in the service industries or in office jobs. But automation is beginning to move in and eliminate office jobs, too.
  • 3. 56 Copyright © 2018 Mercer (US) Inc. All rights reserved. WHEN WAS THIS ARTICLE PUBLISHED? A. 1961 B. 1984 C. 2002 D. 2017
  • 4. 57 Copyright © 2018 Mercer (US) Inc. All rights reserved. Consider this:
  • 5. 58 Copyright © 2018 Mercer (US) Inc. All rights reserved. But also this:
  • 6. 59 Copyright © 2018 Mercer (US) Inc. All rights reserved. And then there are them:
  • 7. 60 Copyright © 2018 Mercer (US) Inc. All rights reserved. 45% of today’s jobs are automatable… 90% 35% Today 10% 55% 45% 100% ~2025 55% AUTOMATION IMPACT ON THE WORKFORCE NUMBER OF JOBS, % ..AND THE NATURE OF WORK AND COMPOSITION … but only up to 10% of jobs are actually threatened… … and 35% of the remaining jobs will see their core tasks change significantly The changing nature of work …and of the workforce composition Relational Transact. Expertise ~2025 Expertise Relational Transact. Today External External External Internal Internal ~2025 NATURE OF WORK COMPOSITION Source: Oxford University, OCDE, France Stratégie, World Economic Forum, Mercer and Oliver Wyman analysis 35% © MERCER 2018 20% Unaffected NEW SKILLS AND JOBS NEW MINDSET NEW WAYS OF WORKING NEW CULTURE As a result, we predict:
  • 8. As AI capabilities progress, our jobs will focus more and more on complex, unstructured situations. This time, there is a risk though… Source: Engaging the workforce in digital transformation – a new model to enable your digital strategy, Oliver Wyman, Mercer & Thomas Kochan (MIT) Al-proven Current frontier for AI application 1 2 3 4 FREQUENCY STRUCTURE AND SPECIFICITY Low Low High High
  • 9. 62