EMPLOYMENT
Machines will not cut jobs, CE survey finds
Technology has affected the global workforce as there are more than twice the number of industrial robots worldwide today than 20 years ago
Global CEs are planning to hire — rather than fire — more employees in the next 12 months, as they recognise the most difficult and important skills to find are those that cannot be performed by machines, according to a PwC survey. "Computers far outstrip humans when it comes to analysing vast quantities of raw data, for example. But they lack the intuition, empathy and creativity required to make sense of that data. Creative, innovative leaders with emotional intelligence are in very short supply," PwC finds in its 20th Global CEO Survey. Views from interviews with 1,379 business leaders in 79 countries are presented in the recent survey. Technology has profoundly affected the global workforce: at 1.8-million, there are more than twice the number of industrial robots worldwide today than 20 years ago, while the advent of self-driving delivery trucks and automatic supermarket billing are examples of jobs threatened by technological innovation. Yet only 16% of the CEOs surveyed plann...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.