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A possible scenario from PWC predicts that by 2030, the number of workers in full-time employment drops to 9% while a report from the Harvard Business Review states that 50% of the world economy i.e. 1.2 billion employees could be impacted by automation.
A World Economic Forum report says that with jobs being transformed by technologies of the Fourth Industrial Revolution, over 1 billion people will be required to reskill by 2030. Huffington Post has predicted that 65 percent of children who entered primary school in 2011 will end up working in careers that have not yet been invented.
The blaring statistics are daunting considering that the future of work is going to change a few decades from now. Are our children ready for such a future? We already can feel the jolt of technology on jobs.
This is where entrepreneurship and innovation play a vital role. Entrepreneurs and innovators are more likely to surf smoothly through this technological tide and lead the way. While many are realizing the importance of teaching entrepreneurship to children to overcome the future work crisis, many are yet to make up their minds.
Innovation and entrepreneurship- these two words are usually reserved for adults. However, given the current scenario where technological advancements are changing things around us at a rapid pace, it’s only logical to say that children need to be prepared for the future.
According to Smallbizgenius, there are more than 582 million entrepreneurs in the world. But becoming an entrepreneur is not as easy as it sounds. Several innovative business ideas are nipped at the bud and many, especially children, get little or no encouragement from parents and/or teachers. Small Business Trends highlights that only 28% of entrepreneurs were encouraged to start businesses when young.
This emphasizes how many parents, or, for that matter, even teachers, are not sup… Read More
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