External factors – including demographic upheaval, globalisation, digital technology, and changing social values and worker expectations, are disrupting business models and radically changing the workplace. These are requiring both workers and businesses to adapt and change the way they work, and for governments to rethink approaches to socioeconomic policies.
The gig economy, robotics, and cognitive technologies are impacting education, skills, and career development. Understanding these impacts are crucial to ensuring countries can manage the risks and opportunities for inclusive economic growth, and avoid fuelling greater inequality within economies.
Government, business, and society need to work together to support a dynamic workforce that is able to constantly reskill and upskill. This means developing a skills infrastructure that broadens the base of skills and abilities. It means revisiting education and career models, and approaches to life-long learning and work, regardless of geography, and innovating public-private partnerships. In many markets, academic-type learning will also need to be married with opportunities to apply new knowledge and skills.
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