Earning in the 21st Century
In a world where technology evolves faster than we can adapt, survival depends on one skill — learning. Discover how automation, AI, and rapid change are reshaping careers and why mastering the art of continuous learning is the key to thriving in the VUCA era.
We are living in a VUCA world. Volatile - Uncertain - Complex - Ambiguous. Because the velocity of change is changing faster with time.
In the days, say 30 years ago, what you wanted to do in life used to have an answer - which is usually faced by every human before they decide. Then they get on with it, work till retirement and lead a comfortable life.
While the living standards have improved today, conveniences have improved, choices are plenty, entertainment is plentiful, life expectancy has improved, and medical care has improved, the challenge is what to do. How to make a living? It is bothering many people of all age groups.
How did we get here?
Let's quickly retrace it.
Evolution of Industries
Factors of production for goods and services have always posed a challenge for the evolving industries during the 50s - 60s - 70s. It used to be Men/Material/ Money/Methods. Then we saw that materials and methods were improving due to good academic involvement in fundamental research supported by industries.
When inventions gave rise to innovation opportunities, investors put the money on the table. New industries and jobs were created. Men were trained in methods (Technologies),…
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