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The Future of Work Paul R

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Presentation on theme: "The Future of Work Paul R"— Presentation transcript:

1 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

2 HISTORICAL LABOR CLASSIFICATIONS
Agriculture Manufacturing Skilled Unskilled

3 MODERN LABOR CLASSIFICATIONS
Routine Production In-Person Services Symbolic Analysts

4 ROUTINE PRODUCTION Manufacturing Construction Transportation
Both Skilled and Unskilled

5 IN-PERSON SERVICES Maids, Barbers, Taxi Drivers Doctors, Teachers
Home Repair, Car Repair Both Skilled and Unskilled

6 SYMBOLIC ANALYSTS Many Professional Services Accountants Lawyers
Appraisers Financial Analysts Architects Engineers Scientists

7 RISK OF JOB LOSS Routine Production → High Risk
In-Person Services → Moderate Risk Symbolic Analysts → Moderate to High

8 Job Killers and Job Creators
Imports Outsourcing Capital Substitution Services at a Distance

9 Job Killers and Job Creators
Advanced Algorithms Energy Transformation Information Storage and Transmission

10 THE FUTURE OF WORK Continually Upskilled Interconnected Versatile

11 INDUSTRIES OF THE FUTURE
Historical Economic Drivers Land Labor Much Later, Capital

12 CURRENT ECONOMIC DRIVERS
Energy Information Capital Labor→ Quality NOT Quantity

13 INDUSTRIES OF THE FUTURE
Science Based Robotics Renewable Energy Aerospace Advanced Materials Nanotechnology Artificial Intelligence Biotechnology Information Technology

14 Applications Pharmaceuticals Environmental Health Care Food
Genetic Engineering Transportation Manufacturing Algorithms

15 Cycle of Progress Scientific Research New Business Innovation
New Applications New Business Education

16 NEVER LET ANYONE THINK SMALL FOR YOU


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