As technology develops, fears increase. Who will we work for in the future? Will AI and robots just expel us from the market? Will they pay for our health system or keep the retirement bucket up and running? The World Economic Forum (WEF) predicts, the Fourth Industrial Revolution, combined with other socio-economic and demographic changes, will transform labour markets in the next five years, leading to a net loss of over five million jobs in 15 major developed and emerging economies on one hand while on other hand, the WEF itself has already said job loss could be partially offset by the creation of 2.1 million new jobs mainly in more specialised professional families – Computer, Mathematical, Architecture or Engineering. An expert in collaborative economy and network communities, Luis Tamayo, expects the biggest challenge to be regulating this emerging economies that is redefining how we work and live: “We are just at the beginning of the digital revolution, and we need to adapt to it by rethinking organisations and leaving aside the traditional hierarchical and pyramidal model.”
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