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Skills of the future: how education can respond to the new requirements of the economy

PETERHOF HALL, October 15 15:30 — 16:45

Radical technological and social changes, including the widespread use of automated solutions to replace manual and intellectual work, are beginning to radically change the labor market. According to scientists at Oxford University, even with the technology available today, over 50% of the world's jobs could be "technically obsolete" by 2030. However, labor experts of the leading countries of the Fourth industrial revolution believe that this does not mean that labor markets will "collapse", and the demand for personnel may even increase-provided that workers and training systems will "upgrade" their competencies, learn "skills of the future". New international initiative FutureSkills, created in the framework of WorldSkills at the suggestion of Russia, sets the task to form the leading requirements for training systems and professional standards taking into account the technological transition. Some of these requirements are set out in the study Global Education Futures and WorldSkills Russia « Skills of the future: how to thrive in a new complex world», which will be presented during the session. An important issue is the willingness to meet the new requirements for training systems in emerging market economies, including Russia.
● What factors determine the significant changes in the demand for competencies in the world? To what extent do the same factors affect the Russian labour market?
● What will happen to employees in "obsolete" workplaces – will they be able to find applications in new sectors (and which ones)? How can the effect of economic restructuring under the influence of new technologies be mitigated?
● What are the primary requirements of employers to employees of the future? To what extent are training systems capable of providing them, and what will be required?