We are the beginning of the 4th industrial revolution or digital revolution. Many of the new technologies are disrupting labor markets. Advancements in technologies and new business models are expected to have a profound impact on existing and future jobs, from job creation to job displacement. The acceleration of technology will shorten the shelf life of existing knowledge, expertise and skills. Therefore, people need to upskill and reskill themselves throughout their careers in order to stay relevant in the workplace.
