impact of education on employment opportunities


Today, we’re already beginning to witness the creation of smart content. If we are to assuage some of the hundreds of millions of redundancies that we’ll all face in the next 20 years, society has to change its thinking.

In the past, the majority of content was standardized, and the same materials were pushed out to every individual in the same way -- irrespective of ability or learning style. Broadly speaking, educational activities can be split into two categories: life skills and professional skills. Today and in the future, it’s often the frictionless customer experience, often dubbed design thinking, that accelerates the pace of adoption of new technologies -- systems that are well-thought-out and implemented correctly. Some of the world’s best self learning artificial intelligence systems and cognitive computer systems are already replacing advisers, analysts, artists, commentators, consultants, doctors, journalists, musicians, paralegals, Ph.D.s, teachers, translators and even the data scientists who created their original algorithmic models. And the easier the content is to absorb, the more potential we’ll realize. OK, they may need an adult's finger to unlock an iPad, but I’m guessing that -- if they’re anything like my children -- they know how to navigate and use their parents' gadgets with impunity and that, in some cases, they can use them better than their parents do. How many of you think that 3-year-olds would be embracing technology as quickly as they do if it was difficult to use? High school dropouts are unable to enter the workforce with the necessary skills to meet the demands of the nation’s global economy. When unemployment reached its peak in 2010, recent college graduates experienced an unemployment rate of 6.9 percent, compared with a jobless rate of 15.8 percent for all young workers. On an annual basis, bachelor’s degree holders earn about $32,000 more than those whose highest degree is a high school diploma.3 The earnings gap between college graduates and those with less education continues to widen. Students will increasing become accustomed to A.I., AR, avatars and VR-powered content, but over time those technologies will give way to platforms (for which there are already working prototypes) that use brain-computer interfaces (BCI) to transmit content directly into our brains.

Contributor, And the less that we talk about people living longer and having to retire even later in life the better -- let’s keep things simple here. Conscientious employers plan this type of training, and engage employees in it, even when it isn’t required because doing so benefits their employees greatly. Level of education is the strongest predictor of outcomes (compared to age, gender, income, employment status, and marital status) in all models, except for the outcomes of wellbeing and health. The Impact of Education on Employment and the Unemployment ... 2.Personal development-many people have the drive to improve themselves and working can provide an opportunity …

But while that was a relatively simple task in the past, it’s now much more difficult. Furthermore, and as a demonstration of society’s titanic shortsightedness, we live in a role-based society where the majority of people, particularly in business, typically believe that people are only suited to fit one role. College-educated workers enjoy a substantial earnings premium. Because many jobs require education, individuals who are educated have access to a larger array of jobs. The effect is particularly marked for the outcome of social trust, becoming stronger within the same people as they age.

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