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The Future of Work Paul R
The Future of Work Paul R. Thomas President, Thomas & Simonova LLC Special Advisor to the Rector Wisconsin International University of Ukraine
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HISTORICAL LABOR CLASSIFICATIONS
Agriculture Manufacturing Skilled Unskilled
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MODERN LABOR CLASSIFICATIONS
Routine Production In-Person Services Symbolic Analysts
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ROUTINE PRODUCTION Manufacturing Construction Transportation
Both Skilled and Unskilled
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IN-PERSON SERVICES Maids, Barbers, Taxi Drivers Doctors, Teachers
Home Repair, Car Repair Both Skilled and Unskilled
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SYMBOLIC ANALYSTS Many Professional Services Accountants Lawyers
Appraisers Financial Analysts Architects Engineers Scientists
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RISK OF JOB LOSS Routine Production → High Risk
In-Person Services → Moderate Risk Symbolic Analysts → Moderate to High
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Job Killers and Job Creators
Imports Outsourcing Capital Substitution Services at a Distance
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Job Killers and Job Creators
Advanced Algorithms Energy Transformation Information Storage and Transmission
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THE FUTURE OF WORK Continually Upskilled Interconnected Versatile
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INDUSTRIES OF THE FUTURE
Historical Economic Drivers Land Labor Much Later, Capital
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CURRENT ECONOMIC DRIVERS
Energy Information Capital Labor→ Quality NOT Quantity
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INDUSTRIES OF THE FUTURE
Science Based Robotics Renewable Energy Aerospace Advanced Materials Nanotechnology Artificial Intelligence Biotechnology Information Technology
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Applications Pharmaceuticals Environmental Health Care Food
Genetic Engineering Transportation Manufacturing Algorithms
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Cycle of Progress Scientific Research New Business Innovation
New Applications New Business Education
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NEVER LET ANYONE THINK SMALL FOR YOU
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