50% of occupations today will no longer exist in 2025
50% of occupations today will no longer exist in 2025:
Report
Press Trust of India
| Mumbai November 7, 2014 Last Updated at 21:40 IST
A paradigm shift is expected to be witnessed in the way
workplaces operate over the next 15 years, making nearly 50 per cent of
occupations existing today redundant by 2025, a report has said.
Artificial intelligence will transform businesses and the
work that people do. Process work, customer work and vast swathes of middle
management will simply disappear, it said.
The report titled 'Fast Forward 2030: The Future of Work
and the Workplace' has been prepared by realty consulting firm CBRE and
China-based Genesis, a property developer, after interviewing 220 experts,
business leaders and young people from Asia, Europe and North America.
"Nearly 50 per cent of occupations today will no
longer exist in 2025. New jobs will require creative intelligence, social and
emotional intelligence and ability to leverage artificial intelligence. Those
jobs will be immensely more fulfilling than today's jobs," the report
said.
Workspaces with row of desks will become completely
redundant, not because they are not fit for purpose, but simply because that
purpose no longer exists, it said.
"The next 15 years will see a revolution in how we
work, and a corresponding revolution will necessarily take place on how we plan
and think about workplaces.
"The dramatic changes in how people work that we
have seen in the past two decades will continue to evolve over the next 15
years, opening up new opportunities for companies to create value and enhance
employee performance through innovative workplace strategies and designs,"
CBRE South Asia Chairman and Managing Director Anshuman Magazine said.
He said many of these opportunities have in fact already
arrived, and by seizing them early, smart companies can gain a competitive
advantage.
By 2030, a majority of real estate transactions may be
made online. And most of them will be made using real time marketplaces, the
report noted.
"Real estate traditionally changes slowly but these
new emerging aggregators could revolutionise the market, allowing tenants and
many types of building owners in cities to contribute wasted and unused space
back into an eco-system of available space," Magazine said.
Given the coming dramatic changes, companies will need to
re-learn how to obtain high performance from employees and contractors, CBRE
Asia Pacific Director of Workplace Strategy Peter Andrew opined.
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