What will the job market in 2040 look like?

Aug 28, 2019

What will the job market in 2040 look like?

With technology advancing at a staggering rate around the world, is it any wonder that the jobs in 2040 will look very different from how they do now?

Research from BAE Systems suggests that virtual reality (VR), artificial intelligence (AI) and other emerging technologies will significantly impact and influence future careers in engineering, manufacturing and technology sectors. A recent survey shows that almost half of 16 – 24 year olds believe their future roles currently don’t exist and 74% feel they are not getting enough information to equip themselves with the appropriate skills to be successful in future roles. In response to this, there has been keen interest to predict these new areas in a bid to visualise what the future holds for young prospects.

With over one million of Amazon’s Alexa devices being used daily at home, AI is becoming increasingly popular and more widely accepted in 2019. The McKinsey Global Institute estimates that AI can automate 50% of all paid tasks today, complete repetitive tasks and organise random data better than any human can.  With this new technology entering new industries also comes responsibility: both in the training and processing of future human and AI assistants, as well as in the ethical use of these technologies, ensuring AI is beingused responsibly and is responding the way it should.

Virtual Architects is predicted a popular future role in the transportation industry, where virtual and augmented reality are used to map and monitor the health of vehicles and component parts to better manage efficiency, health and safety and manufacturing. Robotic automation is already a huge part of the manufacturing industry and with these robots becoming increasingly useful in other areas, new roles in managing and advising on the applications of these will begin to appear.

Nick Colosimo, principal technologist at BAE Systems, commented: “Advances in technology, engineering and science, mean the workplace of today will look dramatically different in 2040.

“While it’s impossible for today’s young people to know exactly where their career will take them in the next 20 years, a wide range of skills will be useful in future-proofing the careers of young people today. Indeed, subjects as varied as Graphic Design, Philosophy, Chemical Engineering and Cybersecurity will prove valuable for the jobs of tomorrow.”

With the engineering, manufacturing and technology industries looking to dramatically develop in the next few years, now is an exciting time to apply and be at the forefront of these changes.

Robert Baxter, Director of the Technology Division at Hunter Selection says: “We have seen a huge upturn in demand for staff within the technology sector over the past 5 years, and the need for skilled individuals will only continue to grow as the sector evolves.

“It’s a great time for young people to study technology-related subjects and immerse themselves in an industry where they will have unprecedented opportunity to grow and develop a career in the years to come.

“At Hunter Selection, we are at the heart of these changes along with our clients and candidates, so there’s never been a better time to speak to us about the market and how we can help you to achieve your objectives”

Apply with Hunter Selection here to launch your future.