The Future of Work
The slogan “future of work” is frequently connected with swift, revolutionary transformation in the nature of work, who performs it, and where it is done (Johnson, 2020). With some people, it is attempting to forecast what work will look like in five, ten, or fifty years. Although it would be vague and a highly individual vision, the future of work has a very definite dimension.
Adaptability is one of the most valuable abilities you can have now more than ever. As the workplace transitions towards the future, the COVID-19 outbreak has accelerated the pace of change. Individuals today are better equipped than they have ever been for global collaboration. (Malhotra, 2021). The economy has traditionally followed a cyclical pattern. In his 1942 book Capitalism, Socialism, and Democracy, Joseph Schumpeter defined creative destruction as the vanishing of some segments of economic activity as well as the emergence of new segments of economic activity due to innovation. For some who are unable to adjust, these shifts might be scary. This explains the worries that innovative technologies, particularly artificial intelligence, can engender.
Today’s rapid technological advancements render skills obsolete, necessitating ongoing training and adaptation. Learning a career in early and doing it until the end of one’s life is no longer significant. The world needs to reimagine training. For example, every year new languages are introduced in the field of web development and staying interested in and understanding new ones is critical to staying competitive.
Remote work is on the rise, aided in part by the increased availability of digital workplace technology, virtual collaboration platforms, and VR technologies, resulting in increasingly dispersed workforces. These developments are gradually bringing about change, and owing to all of these initiatives and best practices, the majority’s future of work will one day be the existence of work for everyone. It is our responsibility to learn, test, and perfect them before implementing them on a larger scale.
Johnson, S.S. (2020). The Future of Work. American Journal of Health Promotion, 34(7), pp.809–812.
Malhotra, A. (2021). The Post pandemic Future of Work. Journal of Management, [online] 47(5), pp.1091–1102. Available at: https://journals.sagepub.com/doi/full/10.1177/01492063211000435.
Schumpeter, J.A. (2021). Capitalism Socialism And Democracy. S.L.: Aakar Books.