James Manyika
๐ค SpeakerAppearances Over Time
Podcast Appearances
But that doesn't mean that all is well, right?
There's still things that I worry about.
So I still worry about
Well, we're going to have work because I think what we found, for example, is the net of jobs lost and jobs gained and jobs changed.
The net of all of that in the economies that we've looked at is still a net positive in the sense that there's more work gained net than lost.
That doesn't mean we should all then be less rest on our laurels and be happy that, hey, we're not facing a jobless future.
So I think we still have a few other challenges to deal with.
I want to come back to your future, future AGI question in a second.
So what are the things to worry about, even in this
state where I say, don't worry about the disappearance of work.
Well, there's still a few more things to worry about.
I think you want to worry about the transitions, the skill transition.
So if some jobs are declining and some jobs are growing and some jobs are changing,
All of that is going to create a big requirement for skilling and reskilling, either to help people get into these new jobs that are growing, or if their jobs are changing, gain the new skills that work well alongside what the tasks of the machines can do.
So all of that says reskilling is a really big deal, which is why everybody's talking about reskilling now, although
I don't think we're doing it fast enough or at scale enough at the scale and pace that we should be doing it.
But that's one thing to worry about.
The other thing to worry about are the effects on wages.
So even when you have enough work, if you look at the pattern of the jobs gained, most of them, not all of them, but most many of them, many of them are actually
jobs that pay less, at least in our current labor market structure, right?