Japan-based MBA school shares insights about modern workforce challenges

Up to 5 million jobs around the world will be replaced by automation this year (2020), according to estimates by Japan-based MBA school Globis University. Unfortunately, the workforce may be finding it difficult to keep up. The academic institution reported that only about one in every five business leaders has high confidence in applying new technology.

“In the future, human CEOs will have to adopt artificial intelligence (AI) as a partner,” said Globis University Founder and President Yoshito Hori, who thinks AI is at the fore of modern technologies disrupting the modern workforce. “Learn from it, and consult with it on decision-making and strategy.”

Almost half of the respondents of the McKinsey Global Survey in 2019 have used at least one AI process in their respective business operations. With this data, it is projected that AI could create about 58 million net new jobs by 2022. Thus, businesses across the Asia-Pacific region are set to invest up to $5.5 billion (about P275 billion) in AI systems, a jump of 80% from 2018.

As the adoption of AI grows, the demand for skilled people who could navigate into the new technologies also increases. While smarter technologies make old jobs outdated and create new ones, there still are invaluable skills that AI could not replicate. Thus, Globis University offers programs that develop top skills (critical thinking, emotional intelligence, and creativity) amid what it calls the ‘Technovate (technology and innovate) Era.’

“As much as technology and automation are steadily easing their way in the workplace, the jobs of the future will be creative, dependent on human relationships, and linked to the interests of the individual making them fun,” Hori said.

To know more about Globis Unversity’s Technovate courses and other programs, click here.