solutions for youth unemployment
Post on 16-Sep-2014
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A series of demographic, technological and economic transformations are reshaping labour markets on a global basis. From the entry of billions of new skilled individuals into the global workforce to the acceleration of artificial intelligence and automation, these transformations have been tough on mature economies and especially young people. At the same time, the dynamics of job creation have changed in a profound way. Large multinational companies and government are important employers, but they are not the primary engines of new job creation. The primary job creators are entrepreneurial firms on a growth trajectory – which are responsible for at least 80% of new jobs. We’ve seen a significant rise in self-employment, freelancing and entrepreneurship and thankfully there are powerful new tools to help entrepreneurs be successful. Entrepreneurship alone, however, is not a complete solution. There is a significant segment of the population of young people that do not have the skills, nor the tools required to succeed in a more entrepreneurial economy. We need new approaches to skills training and new networks to support entrepreneurial activity. The first priority is to build networks that can bring the right combination of skills and resources together to solve some of underlying challenges associated with youth unemployment. We need a less fragmented and collaborative approach, one that draws on the strengths of each sector – one where resources are shared and where various actors from across disciplines and sectors contribute complementary assets, perspectives and skills.TRANSCRIPT
The Centre for Digital Entrepreneurship and Economic Performance
Tackling Youth Unemployment:Challenges, Opportunities and Solutions
Anthony D. WilliamsPresidentCentre for Digital Entrepreneurship & Economic Performance
The Centre for Digital Entrepreneurship and Economic Performance
1. Challenges2. Opportunities3. Solutions
The Centre for Digital Entrepreneurship and Economic Performance
Rapid global change creates tough new employment realities
The Centre for Digital Entrepreneurship and Economic Performance
Less developed countriesMore developed countries
Demographics are shifting the center of economic gravity
The Centre for Digital Entrepreneurship and Economic Performance
Emerging markets are now major sources of high-end talent
The Centre for Digital Entrepreneurship and Economic Performance
Capital is migrating to high-growth regions
The Centre for Digital Entrepreneurship and Economic Performance
The world’s fastest growing companies you haven’t heard of
The Centre for Digital Entrepreneurship and Economic Performance
Not just a recession – a turning point in history
The Centre for Digital Entrepreneurship and Economic Performance
Drowning in unsustainable debt
The Centre for Digital Entrepreneurship and Economic Performance
The jobless decade and a generation on the brink
The Centre for Digital Entrepreneurship and Economic Performance
World-changing technologies foster disruption & innovation
The Centre for Digital Entrepreneurship and Economic Performance
Foxconn’s one million robots
The Centre for Digital Entrepreneurship and Economic Performance
Flextronics builds solar panels with 1/10th the labour
The Centre for Digital Entrepreneurship and Economic Performance
Amazon’s delivery drones and Google’s self-driving cars
The Centre for Digital Entrepreneurship and Economic Performance
Automated warehouses, driverless forklifts, self checkouts
The Centre for Digital Entrepreneurship and Economic Performance
A secular shift in employment
Brawn Brains
The Centre for Digital Entrepreneurship and Economic Performance
The polarization of services employment
The Centre for Digital Entrepreneurship and Economic Performance
Artificial intelligence: beware white collar workers
The Centre for Digital Entrepreneurship and Economic Performance
Wall St. vs. Warren: A.I. that analyzes financial markets
The Centre for Digital Entrepreneurship and Economic Performance
CNN vs. Narrative Science: A.I. that writes and reports the news
The Centre for Digital Entrepreneurship and Economic Performance
House vs. Watson: A.I. that diagnoses patient conditions
The Centre for Digital Entrepreneurship and Economic Performance
A.I. that can deliver a TED talk . . . and get a standing ovation
The Centre for Digital Entrepreneurship and Economic Performance
Uncertain implications for labour markets and employment
The Centre for Digital Entrepreneurship and Economic Performance
1. Challenges2. Opportunities3. Solutions
The Centre for Digital Entrepreneurship and Economic Performance
Digital entrepreneurialism and micro-multinationals
The Centre for Digital Entrepreneurship and Economic Performance
Raise financing from the crowd
The Centre for Digital Entrepreneurship and Economic Performance
Access digital utilities from the cloud
The Centre for Digital Entrepreneurship and Economic Performance
Source talent from around the world
The Centre for Digital Entrepreneurship and Economic Performance
Retail products globally with social marketing & e-commerce
The Centre for Digital Entrepreneurship and Economic Performance
Invent and manufacture anything using 3D printing
The Centre for Digital Entrepreneurship and Economic Performance
Invent and manufacture anything using 3D printing
The Centre for Digital Entrepreneurship and Economic Performance
Micro-multinationals in every industry
The Centre for Digital Entrepreneurship and Economic Performance
Market products and services to a global audience
The Centre for Digital Entrepreneurship and Economic Performance
Offer your skills to a world of talent-hungry companies
The Centre for Digital Entrepreneurship and Economic Performance
The project economy
The Centre for Digital Entrepreneurship and Economic Performance
1. Challenges2. Opportunities3. Solutions
The Centre for Digital Entrepreneurship and Economic Performance
Multi-stakeholder, cross-disciplinary networks
Job seekers Employers
GovernmentNGOs and community
organizations
Educators
Problem-solving networks
The Centre for Digital Entrepreneurship and Economic Performance
New models of service delivery
Employer Intermediaries Job Seekers
Employers
The Centre for Digital Entrepreneurship and Economic Performance
P-tech is rethinking high school and college curriculums
The Centre for Digital Entrepreneurship and Economic Performance
Udacity is training a massive population of self-learners
The Centre for Digital Entrepreneurship and Economic Performance
Decoded offers digital enlightenment in one day
The Centre for Digital Entrepreneurship and Economic Performance
Young Invincibles advocates for changes in legislation
The Centre for Digital Entrepreneurship and Economic Performance
Digital Opportunity Trust creates an ecosystem for digital success
The Centre for Digital Entrepreneurship and Economic Performance
Samasource provides digital work for disadvantaged youth
The Centre for Digital Entrepreneurship and Economic Performance
Startup Corps helps young people start a business
The Centre for Digital Entrepreneurship and Economic Performance
Youth Trade helps young entrepreneurs grow their business
The Centre for Digital Entrepreneurship and Economic Performance
WeLocalize reduces the cost and risk of going global
The Centre for Digital Entrepreneurship and Economic Performance
A global union of freelancers…working toward shared benefits
The Centre for Digital Entrepreneurship and Economic Performance
Unleashing the power of human capital
The Centre for Digital Entrepreneurship and Economic Performance
Tapping into the knowledge & ingenuity of the world
The Centre for Digital Entrepreneurship and Economic Performance
Comments & Questions:
[email protected]@adwill
Anthony D. WilliamsPresident & Co-founderCentre for Digital Entrepreneurship & Economic Performance