A 2017 McKinsey Global Institute report said 75 million to 375 million workers may need to switch their occupations by 2030 as “digitization, automation and artificial intelligence” disrupt the way we work. In the same report, 62% of executives said they believe they will need to retrain or replace more than a quarter of their workforce by 2023.
Last year, droves of knowledge workers attended ominous all-hands meetings where executives challenged them to “do more with less.” In the past, mandates like this have rightly elicited eye rolls. However, as of 2023, this ask seems less unreasonable.
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