This region has powerful ways to keep you employed and not robotized
2030 is only 13 years away but it’s a time when major shifts are expected to take place all over the world with the increased favouring of automation and robots over humans.
This is creating anxiety among people who find the prospects of losing their jobs becoming greater with time.
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In fact, a recent study by McKinsey, a renowned management consultancy firm, reveals that half of the activities people are paid to do globally could be automated using current technologies.
It said that in about 60 percent of occupations, at least one-third of the constituent activities could be automated, which will cause changes for all workers.
“We estimate that between 400 million and 800 million individuals could be displaced by automation and need to find new jobs by 2030 around the world,” it said.
“Of the total displaced, 75 million to 375 million may need to switch occupational categories and learn new skills,” it added.
Well by 2030, this region is making sure that not only you won’t lose your job, but are likely to have your choice of employment. How?
Dubai vision 2030
Before we get to that, the Emirate has launched the 2021 vision which will transform Dubai on many fronts.
The UAE aims to increase the current number of UAE nationals working in the private sector by tenfold by the year 2021. As per the Vision 2021 document, the UAE strives to shift towards a knowledge-based economy pioneered by UAE nationals with a skill set revolving around knowledge and creativity, according to a website dedicated to Vision 2021.
The city will be hosting Expo 2020, the first World Expo to take place in the Middle East, Africa and South Asia (MEASA) region and expects 25 million unique visitors from more than 180 nations
More than 275,000 jobs will be created across the region to service Dubai Expo 2020.
“The jobs will be in sectors linked to delivery and legacy plans for the event, from aviation and construction to retail and transportation, as part of the estimated AED90 billion expected to be generated between 2014 and 2021,” said show representatives at Dubai’s Expo Preparatory Committee.
As well, the UAE industrial sector is expected to grow by an additional AED18bn by 2030 creating 27,000.
Saudi vision 2030
Among the objectives of the kingdom within the framework of Vision 2030, is the Increase of small and medium-sized enterprise (SME) GDP contribution from 20 per cent at present to 35 per cent in addition to lowering unemployment from 11.6 per cent to 7 per cent, according to the vision statement.
The kingdom also aims to improve the participation of women in the workforce from 22 per cent to 30 per cent.
Saudi aims to have technology as a key enabler and driver of the numerous changes envisaged by Vision 2030, with the goal of developing the nation’s digital infrastructure and stimulating the related economic sectors, industries, and private sector entities.
Also, Vision 2030 envisages an annual growth rate of 10 per cent in retail, the workforce for which amounts to 1.5 million works, according to Clyde&Co, a global law firm.
By 2020, the aim is to have 1 million more Saudi nationals working in retail by 2020, it said.
Kuwait vision 2035
In January 2017, the Kuwaiti government launched an aggressive and progressive plan, calling it the “New Kuwait” or the Kuwait National Development Plan (KNDP) 2035.
“Today we launch initiatives that will transform our economy, create jobs, attract foreign direct investments and facilitate knowledge transfer in the fields of renewable energy, information technology, and the services sector,” Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah, the Minister of State for Cabinet Affairs, said in the media on the day of launching the vision.
Part of its 2035 goals are improving several economic sectors, including adding 13 new colleges with capacity for 40,000 new students, 8,000 more hospital beds, using 15 per cent of additional renewable energy, adding 3500 more SMEs, and 11 per cent increase in infrastructure investments, according to the plan’s official site.
These projects translate into jobs especially Kuwait’s announcement that it had begun construction of a new KD 1.312 billion ($4.34bn, AED16bn) international airport.
Jobs affected globally
The potential impact of automation on employment varies by occupation and sector.
According to the report, activities most susceptible to automation include physical ones in predictable environments, such as operating machinery and preparing fast food.
“Collecting and processing data are two other categories of activities that increasingly can be done better and faster with machines. This could displace large amounts of labor, for instance in mortgage origination, paralegal work, accounting, and back-office transaction processing,” it said.
The study added that automation will have a lesser effect on jobs that involve managing people, applying expertise, and social interactions.
“Jobs in unpredictable environments—occupations such as gardeners, plumbers, or providers of child- and eldercare—will also generally see less automation by 2030,” it said.