WEF: How emerging tech will eliminate and create jobs

Factors are merging right now that will create one of the biggest business changes in history. And it’s all going to happen in the next five years, says a new World Economic Forum (WEF) study. “A perfect storm of business model change in all industries, resulting in major disruptions to labor markets,” will occur WEF says in a summary of its report on the future of jobs. The World Economic Forum is best known for its annual hob-nob schmooze in alpine Davos, Switzerland, where it brainstorms global issues. The forum says that numerous new types of jobs will appear, “partly or wholly displacing others.” Emerging technologies “Drivers of change” will transform labor markets, the report thinks. Specifically, between 2015 and 2017, the Internet of Things, 3D printing, and new energy technologies will be…

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