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Jakarta Post

120 million workers need reskilling as result of automation: Study

  • News Desk

    The Jakarta Post

Jakarta   /   Sun, September 15, 2019   /  10:20 am
The Jakarta Post Image
One of the biggest concerns with Industry 4.0 is the disruption it has on the job market. McKinsey predicted that 800 million jobs would be gone by 2030 because of automation.(Shutterstock/File)

As many as 120 million workers from the world's 12 largest economies, including Indonesia, may need to participate in reskilling programs in the next three years as a result of automation enabled by artificial intelligence (AI), according to a recent study. The study released by technology giant IBM's Institute for Business Value found that it would take 10 times longer compared to in the last four years to close a skills gap through employee training because of the new skills requirements. The study, which involved 5,670 businesspeople in 48 countries, said that in 2018, the top two skills sought were behavioral, namely a willingness to be flexible, agile and adaptable to change and time management skills.  Meanwhile, in 2016, businesspeople ranked technical core capabilities for science, technology, engineering and mathematics (STEM), as well as basic computer and...