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Technology and computing power is advancing at mind boggling speed. In 1965, Gordon Moore predicted that the number of transistors in an integrated circuit would double every two years. In 1975 he revised the growth rate to doubling every 18 months. Going from 5 transistors 10 was not a big deal. Today we are going from 5 billion transistors on a tiny chip to 10, 20 and 40 billion in just 6 years. How fast are you improving your skills? It is impossible for us to keep up. What are the implications of this phenomenon on your future employment? Companies are investing in technology at an ever-greater rate, to fill their skills gaps and labor shortage. Even with unemployment at some of the highest levels in decades, many employers are struggling to find the talent they need. Technology advances up until about 5 years ago meant an increase in employment and the standard of living. That is no longer true. The current economic data suggests that evolution of technology is contributing to slower labor and wage growth. For the first time in history, people are starting to lose jobs to machines. This is a trend that is expected to accelerate. Technology is replacing left brain functions like accounting, research, analysis, hiring, dangerous work, and highly cognitive brain work. As computing power expands, there is no job that is safe from technology replacing humans. What will happen to many of the high paying jobs of the past in science, technology, engineering, and math? The high cognitive careers will still be important, there will just be fewer of them. Those who will succeed at the highest level in these and other careers will need to learn additional skills such as building relationships, brainstorming, collaborating, and leading. In the future, technology will be capable of doing most jobs. However, some qualities, skills, and abilities will never be replaced. You can increase your value to current and future employers by improving these.

Guest Speaker: Spencer Horn!!!