Technological Unemployment, Education & The Individual

Dr. Lydia Kostopoulos
@LKCYBER
October 19th, 2017
Technological Impact on
Education and Employment:
Trends, insights and strategies for
the path forward
Website: Lkcyber.com
Twitter: @LKCYBER
Linkedin: linkedin.com/in/lydiak

“Technology, Education and Employment” Dr. Lydia Kostopoulos Lkcyber.com

Longevity
Technology
Key Items What this means for
Education
Individuals

Longevity Technology
- Key Items -
We are living longer! It’s exponential!

Longevity
We are living longer!Key Items
• Life expectancy is increasing with each
generation.
Trends
Note: This is not applicable to all nations or socio-economic classes.

Longevity
We are living longer!Key Items
• That means living a longer period of
morbidity.
• Longer Life = Longer Labor Period
• Our education isn’t lasting us a
lifetime, more recently not a
decade.
• Life expectancy is increasing with each
generation.
Trends

Technology
It’s exponential!Key Items
• Technology is on an exponential path
Trends
1. Digitalization The 6 Ds of Exponential Technology
2. Deception
3. Disruption
4. Demonetization
5. Dematerialization
6. Democratization
*** 6 D’s from Steven Kotler and Peter Diamandis book “Bold: How to Go Big, Create Wealth and Impact the World”

Technology
It’s exponential!Key Items
• Technology is on an exponential path
• It’s changing faster than we can
understand.
• 60% of schoolchildren today will be
employed in jobs that have yet to be
created.
• Mixed bag: Technology will enhance
some jobs, create new jobs and
make others obsolete.
Trends

Education Individuals
- What this means for -
Embrace change! Be proactive!

Education
TrendsWhat this means
for
• 85% of the jobs that will exist in 2030
haven’t even been invented yet.
• Education delivery & learning is
changing.

Education
Distance Learning Virtual Reality Augmented Reality
University Opt-Out and/or “Re-Tooling”
Vocational Schooling Apprenticeships DIY Start-Up Business
Google Pixel Ear Buds
Real-time translation in
40 languages.
• Education delivery & learning is changing.

Education
for
changing.
• The education system today
inadequately prepares for rapid
change in technology and markets.

Education
Study conducted by the
Association of American Colleges and Universities (AACU)
• Staying current on
technologies.
• Locating organizing,
evaluating information.
• Being innovative/creative.
• Analyzing/solving complex
problems.
• Applying knowledge/skills to
real world.
• Staying current on
developments in science.
• The education system today inadequately prepares for
rapid change in technology and markets.

EducationWhat this means for
Tech provides information
for human judgement
Purely a human endeavor.

Education
for
What should education providers do?
changing.

Education
What should education
providers do?
• Embrace change! FAST!
• “Living Curriculum”: Private sector
partnership needed to close the
preparedness gap.
• Recognize and identify skills that will
be needed in the 4th industrial
revolution.
What this means
for
• Enable students to teach
themselves, and build the capacity
to unlearn what was learned.

Individuals
for
• Most likely have longer careers than
anticipated.
• Re-tooling and up-skilling will be a
‘must-do’ instead of ‘nice-to-do’.
• Multiple careers in one life time,
and/or concurrent careers.
What should individuals do?
• High volatility in the market will
require resilience, perseverance and
creativity.

What should individuals do?
• Be proactive!
Automation test: Can your job be
automated? If yes, find a new
skill/job that can’t be.
• Use time efficiently. Given
technological and market trends,
selectively create options and accept
opportunities that strengthen one’s
value proposition.
• Take care of the intangible assets.
What this means
for
Individuals

IndividualsWhat this means for
Tangible & Intangible Assets
Book: “100 Year Life” by Andrew Scott and Lynda Gratton
Tangible Assets Intangible Assets
• Money
• Property
• Pension
• Productive
• Vitality
• Transformational
Intangible Assets
Productive
• Knowledge
• Peers
• Reputation
Vitality Transformational
• Health
• Balanced Living
• Friendships
• Self-Knowledge
• Diverse Networks

Food for Thought
DIY Life:
• Changing work place/hours/style.
• Ability to self-transform.
• Internet allows for free knowledge and reach
into vast networks.
Education Everywhere:
• Workplace specialized training.
• Practical learning “holiday-sabbaticals”.
Future Job Unknown:
• New jobs will be created, mostly around:
- Catering to human needs, and
- Helping machines help us.

Dr. Lydia Kostopoulos
I look forward to
your questions!
Thank you!
Website: Lkcyber.com
Twitter: @LKCYBER
Linkedin: linkedin.com/in/lydiak

Technological Unemployment, Education & The Individual

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