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Embracing Digital Evolution: Key Insights from WEF's Future of Jobs report.



The World Economic Forum (WEF) is a non-profit organization headquartered in Geneva, which brings together key business, political, intellectual, and journalistic leaders selected to discuss the most pressing issues faced by humanity.


The report on the Future of Jobs, published by the WEF, gathers perspectives from 803 companies employing over 11.3 million workers in 27 industrial clusters and 45 economies from all regions of the world. The survey covers questions about macro-trends, technological trends, their impact on jobs, their impact on skills, and the workforce transformation strategies that companies plan to employ over the period 2023-2027.


From this document, we can highlight two important conclusions:


(1) Technology adoption will continue to be a key factor in business transformation over the next five years

Over 85% of the surveyed organizations identify the increased adoption of new and innovative technologies and the expansion of digital access as the trends most likely to drive transformation in their organizations.


(2) In technology adoption, big data, cloud computing, and AI are highly likely to be adopted

Over 75% of companies intend to adopt these technologies in the next five years. The data also shows the impact of digitalisation on trade and business. Digital platforms and applications are the technologies most likely to be adopted by the surveyed organizations, with 86% of companies expecting to incorporate them into their operations in the next five years. E-commerce and digital trade are expected to be adopted by 75% of companies.





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