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mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

McKi nsey&CompanyMCKINSEY GLOBAL INSTITUTESKILL SHIFTAUTOMATION ANDTHE future’OF _ —- THE WORKFORCEDISCUSSION PAPER43221Jacques Bughin I BrusselsEric

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018 Hazan I ParisSusan Lund I Washington, DC Peter Dahlstrỏm I London Anna Wiesinger I Dusseldorf Amresh Subramaniam I LondonMCKINSEY GLOBAL INSTITUTESin

ce its founding in 1990, the McKinsey Global Institute (MGI) has sought to devetop a deeper understanding of the evolving global economy. As the busin mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

ess and economics research arm of McKinsey Ẵ Company, MGI aims to provide leaders in the commercial, public, and social sectors with the facts and ins

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

ights on which to base management and policy decisions.MGI research combines the disciplines of economics and management, employing the analytical too

McKi nsey&CompanyMCKINSEY GLOBAL INSTITUTESKILL SHIFTAUTOMATION ANDTHE future’OF _ —- THE WORKFORCEDISCUSSION PAPER43221Jacques Bughin I BrusselsEric

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018e broad macroeconomic forces affecting business strategy and public policy. MGI’s in-depth reports have covered more than 20 countries and 30 industri

es. Current research focuses on six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

economic impact of technology and innovation, and urbanization. Recent reports have assessed the digital economy, the impact of Al and automation on e

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

mployment, income inequality, the productivity puzzle, the economic benefits of tackling gender inequality, a new era of global competition, Chinese i

McKi nsey&CompanyMCKINSEY GLOBAL INSTITUTESKILL SHIFTAUTOMATION ANDTHE future’OF _ —- THE WORKFORCEDISCUSSION PAPER43221Jacques Bughin I BrusselsEric

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018 Manyika, who also serves as the chairman of MGI. Michael Chui. Susan Lund. Anu Madgavkar. Jan Mschke.Sree Ramaswamy. and Jaana Remes are MGI partners

, and Mekala Krishnan and Jeongmin Seong are MGI senior fellows.Project teams are led by the MGI partners and a group of senior fellows, and include c mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

onsultants from McKinsey offices around the world. These teams draw on McKinsey's global network of partners and industry and management experts. Advi

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

ce and input to MGI research are provided by the MCI Council, members ol which are also involved in MGI's research. MGI Council members are drawn from

McKi nsey&CompanyMCKINSEY GLOBAL INSTITUTESKILL SHIFTAUTOMATION ANDTHE future’OF _ —- THE WORKFORCEDISCUSSION PAPER43221Jacques Bughin I BrusselsEric

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018rie Kazan, trie Labayc. Acha Lckc. Scott Nyquist. Gary I ’inkus. Sven Smit. Oliver lonby. and tckarl Windhagen. In addition, leading economists, inclu

ding Nobd laureates, act as research advisers lo MGI research.I fie partners ol McKinsey fund MGI’s research: it is not commissioned by any business, mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

government, or other institution, f-or lurlticr information about MGI and to download reports, please visit www.mckinsey.com/mgi.Copyignt c McKinsey &

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

ccmparry 2018CONTENTSIn brief1.How will demand for workforce skills change with automation?I ’age 12.Shifting skill requirements in five sectorsPage

McKi nsey&CompanyMCKINSEY GLOBAL INSTITUTESKILL SHIFTAUTOMATION ANDTHE future’OF _ —- THE WORKFORCEDISCUSSION PAPER43221Jacques Bughin I BrusselsEric

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018T: AUTOMATION AND THE FUTURE OF THE WORKFORCEAutomation and artificial intelligence (Al) are changing the nature of work. In this discussion paper, pa

rt of our ongoing research on the impact of technology on the economy, business, and society, we present new findings on the coming shifts in demand f mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

or workforce skills and how work is organized within companies, as people increasingly interact with machines in the workplace. We quantify time spent

mgi-skill-shift-automation-and-future-of-the-workforce-may-2018

on 25 core workplace skills today and in the future for the United States and five European countries, with a particular focus on frve sectors: banki

McKi nsey&CompanyMCKINSEY GLOBAL INSTITUTESKILL SHIFTAUTOMATION ANDTHE future’OF _ —- THE WORKFORCEDISCUSSION PAPER43221Jacques Bughin I BrusselsEric

McKi nsey&CompanyMCKINSEY GLOBAL INSTITUTESKILL SHIFTAUTOMATION ANDTHE future’OF _ —- THE WORKFORCEDISCUSSION PAPER43221Jacques Bughin I BrusselsEric

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