3 Work Trends - Issue 49
AI and the equity gap, shorter working hours in Iceland, disability inclusion – these are the stories covered in this issue of the World Economic Forum’s 3 Work Trends newsletter, your guide to the future of work and education in an ever-changing world.
1. Here's how equitable #AI skilling can help solve talent scarcity
The steady decline of working-age people, combined with falling fertility rates and low unemployment rates is creating significant talent shortages around the world.
Generative AI, if leveraged equitably, has the potential to mitigate some of the biggest challenges presented by talent scarcity.
A new report from Randstad , 'understanding talent scarcity: AI & equity', explores the impact of AI on the equity gap across genders, generations and people with disabilities.
From unequal access to AI and skilling to ways to drive equity in AI adoption, dive into the key findings of the report in this article from Randstad CEO Sander van 't Noordende .
2. #Iceland's workers are moving to shorter #working hours
The Nordic nation of 380,000 is moving to a new way of working.
Between 2020 and 2022, 51% of Iceland’s workers accepted an offer of shorter hours – such as a 4-day week – for no loss of pay.
Research shows that this shift in Iceland has had a positive impact on work-life balance and personal stress. This isn't the only change. Iceland's economy grew by 5% last year, significantly outperforming other European nations.
Find out more about the benefits of reduced working hours in the full video here.
3. Businesses must take action on #disability inclusion by 2025
Last week the world observed International Day of Persons with Disabilities, representing a watershed moment for the business world.
In exactly one year, SYNC25 – the world’s first accountability summit on disability inclusion – will gather 500 of the world’s largest companies to answer a fundamental question:
What tangible actions have you taken to transform disability inclusion across your entire business?
A recent white paper from Valuable 500 found that up to 98% of disabled consumers still feel that their experiences are not consistently and accurately represented in current media and marketing narratives.
Businesses are not just missing the mark on representation, so far they are failing to engage with a community that represents 1.3 billion people and controls over $18 trillion in annual spending power.
Find out more about how leadership, data and representation are the trifecta for true disability inclusion from The Valuable 500 CEO Katy Talikowska here.
Share your thoughts and experiences below in the comments. For more detailed analysis, follow the World Economic Forum. See you in the next issue for more updates on the future of #work.
It is great to see the projected impact of AI in these key sectors.
Clinical/Academic Virologist
2moAI can also help older people stay in work for longer - to take advantage of their experience, e.g. by helping them to just dictate emails, search, compose reports, etc. instead of having to type themselves - you just need soundproof offices - or better still - allow them to work in the familiarity of their homes - if their company can set up a home studio for them and a secure VPN internet connection
Artist | Author of 'Understand Forex Trading News' | Freelance Financial Writer
2moThe only constant is change. Thank you for sharing.
x715 Fresh Open Vacancies at International Rescue Committee (IRC) for all Nationalities Apply here: https://lnkd.in/dr5sgCXh Benefits of Working at IRC As an IRC employee, you will enjoy a range of benefits that reflect our commitment to supporting our staff and their families. These benefits include: Competitive salary and benefits package Opportunities for professional growth and development A dynamic and supportive work environment The chance to make a real difference in the lives of vulnerable populations A global network of colleagues who share your passion for humanitarian work Flexible work arrangements and telecommuting options... Click Here for more info: https://lnkd.in/dr5sgCXh
Community Manager at OA&AA Ventures|Virtual Assistant| Career Talks| Money Talks
2moI'm not sure how I feel about the gender gap in use of AI. Is it really a bad thing for women? AI sometimes feels soulless. I believe women are hesitant to adopt AI because we generally prefer to pour our souls into our work rather than churn out numbers. It'll be great to do a deep dive on why women are twice as hesitant as men to adopt AI skills.