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Fourth Industrial Revolution

The Next Normal: Trends That Will Define 2021  

McKinsey & Co. on Jan. 4 released an article that examines what 2021 will look like for business. According to the article, trends will include: A return of confidence and consumer rebound Leisure travel bounces back, but business travel lags A wave of innovation and new entrepreneurs Accelerated Fourth Industrial Revolution Changed shopping behaviors Supply chains balance, shift Future of work arrives ahead of schedule A biopharma revolution Accelerated portfolio restructuring Increased sustainability Click for article  

The Future of Jobs Report

The World Economic Forum, the Geneva-based international organization for public-private cooperation, examined possible global scenarios and issued a 157-page report called "The Future of Jobs — Employment, Skills and the Workforce Strategy for the Fourth Industrial Revolution." The report takes into account Moore's law — that computer processing power will double every two years and will continue to become less expensive. As a result, data analytics will become an increasingly desired workforce skill across all levels. The report also mentions that today's skills might not match tomorrow's needs. That's especially true for jobs that incorporate much automation or artificial intelligence.  Click for report
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