Trends Identified

Machine learning and AI

2017

2017 technology trends - Increasing stratification and changing competitive dynamics

PWC

Augmented and virtual reality

2017

2017 technology trends - Increasing stratification and changing competitive dynamics

PWC

Blockchain

2017

2017 technology trends - Increasing stratification and changing competitive dynamics

PWC

Technological breakthroughs

Automation, robotics and AI are advancing quickly, dramatically changing the nature and number of jobs available. Technology has the power to improve our lives, raising productivity, living standards and average life span, and free people to focus on personal fulfilment. But it also brings the threat of social unrest and political upheaval if economic advantages are not shared equitably.

2017

Workforce of the future The competing forces shaping 2030

PWC

Demographic shifts

With a few regional exceptions the world’s population is ageing, putting pressure on business, social institutions and economies. Our longer life span will affect business models talent ambitions, and pension costs. Older workers will need to learn new skills and work for longer. ‘Re‐tooling’ will become the norm. The shortage of a human workforce in a number of rapidly‐ageing economies will drive the need for automation and productivity enhancements.

2017

Workforce of the future The competing forces shaping 2030

PWC

Rapid urbanisation

By 2030, the UN projects that 4.9 billion people will be urban dwellers and, by 2050, the world’s urban population will have increased by some 72%. Already, many of the largest cities have GDPs larger than mid-size countries. In this new world, cities will become important agents for job creation.

2017

Workforce of the future The competing forces shaping 2030

PWC

Shifts in global economic power

The rapidly developing nations, particularly those with a large working‐age population, that embrace a business ethos, attract investment and improve their education system will gain the most. Emerging nations face the biggest challenge as technology increases the gulf with the developed world; unemployment and migration will continue to
be rampant without significant, sustained investment. The erosion of the middle class, wealth disparity and job losses due to large‐scale automation will increase the risk of social unrest in developed countries.

2017

Workforce of the future The competing forces shaping 2030

PWC

Resource scarcity and climate change

Demand for energy and water is forecast to increase by as much as 50% and 40% respectively by 2030. New types of jobs in alternative energy, new engineering processes, product design and waste management and re‐use will need to be created to deal with these needs. Traditional energy industries, and the millions of people employed by them, will see a rapid restructuring.

2017

Workforce of the future The competing forces shaping 2030

PWC

Over-regulation

42% of responding CEOs answered that they were 'extremely concerned'

2018

Global CEO survey

PWC

Terrorism

41% of responding CEOs answered that they were 'extremely concerned'

2018

Global CEO survey

PWC