Increasingly redundant roles are expected to be declined from being 15.4% of the workforce to 9% (6.4% decline), and emerging professions are expected to grow from 7.8% to 13.5% (5.7% growth). Based on the above-mentioned, it is estimated that by 2025, 85 million jobs may be displaced by a shift in the division of labor between humans and machines, while 97 million new roles may emerge that are more adapted to the new division of labor between humans, machines, and algorithms, across the 15 industries and 26 economies covered by the recent report of the World Economic Forum.
The Future of Jobs Survey also reveals similarities across industries when looking at increasingly strategic and increasingly redundant job roles. Similar to the 2018 survey, the leading positions in growing demand are roles such as Data Analysts and Scientists, AI and Machine Learning Specialists, Robotics Engineers, Software and Application developers as well as Digital Transformation Specialists. However, job roles such as Process Automation Specialists, Information Security Analysts, and Internet of Things Specialists are newly emerging among a cohort of roles that see growing demand from employers. The emergence of these roles reflects the acceleration of automation as well as the resurgence of cybersecurity risks.
A set of roles are distinctively emerging within specific industries. This includes Materials Engineers in the Automotive Sector, Ecommerce and Social Media Specialists in the Consumer sector, Renewable Energy Engineers in the Energy Sector, FinTech Engineers in Financial Services, Biologists and Geneticists in Health and Healthcare as well as Remote Sensing Scientists and Technicians in Mining and Metals. The nature of these roles reflects the trajectory towards areas of innovation and growth across multiple industries.
At the opposite end of the scale, the roles set to be increasingly redundant by 2025 remain largely consistent with the job roles identified in 2018 and across a range of research papers on the automation of jobs. These include roles that are being displaced by new technologies: Data Entry Clerks, Administrative and Executive Secretaries, Accounting and Bookkeeping and Payroll Clerks, Accountant and Auditors, Assembly and Factory Workers, as well as Business Services and Administrative Managers.
Such job disruption is counter-balanced by job creation in new fields, the 'jobs of tomorrow'. Over the coming decade, a non-negligible share of newly created jobs will be in wholly new occupations or existing occupations undergoing significant transformations in terms of their content and skills requirements. The World Economic Forum's Jobs of Tomorrow report, authored in partnership with data scientists at partner companies LinkedIn and Coursera, presented for the first time a way to measure and track the emergence of a set of new jobs across the economy using real-time labor market data. The data from this collaboration identified 99 jobs that are consistently growing in demand across 20 economies.
The resulting set of emerging professions reflects the adoption of new technologies and increasing demand for new products and services, which are driving greater demand for green economy jobs, roles at the forefront of the data and AI economy, as well as new roles in engineering, cloud computing and product development. In addition, the emerging professions has showcased the continuing importance of human interaction in the new economy through roles in the care economy; in marketing, sales and content production; as well as roles where a facility or aptitude for understanding and being comfortable working with different types of people from different backgrounds is critical.
