"STEM Education is not enough to address the future of work", says global think tank Millennium Project
Income gaps are widening, the concentration of wealth is increasing, jobless economic growth seems the new norm, and return on investment in capital and technology is usually better than labor. As labor costs go up and AI and robot costs go down, manufacturing and service unemployment rates are expected to increase. So, what to do?
*STEM = science, technology, engineering, mathematics
The Millennium Project has just released its resent study 'Work/Technology 2050: Scenarios and Actions'. This international long range study includes three detailed scenarios to 2050 and assessments of 93 actions.
The actions are the results of 30 national workshops in 29 countries. Workshops identified strategies to address the issues raised in the scenarios. These actions were assessed by five international surveys (one each for government and governance, business and labor, education and learning, arts and media, and the S&T communities) as to their feasibility and impact, plus comments.
The Millennium Project reviewed over 30 “future of work” studies to find what questions were not asked and those that were answered inadequately. This formed the basis for a questionnaire to answer these questions. The results were used to create three draft detailed scenarios to 2050, each reviewed by several hundred futurists and relevant experts selected by The Millennium Project’s Nodes around the world.
The scenarios are a very rich, detailed source of future possibilities that were used by the workshops to identify actions to address the issues in the three scenarios. The hundreds of suggested actions were distilled to 93 actions, which were further assessed via five international Real-Time Delphi panels (government and governance; business and labor; education and learning; arts and media; and the S&T) as to their feasibility and impact, plus comments and additional suggestions. The report gives a page of distilled intelligence for each of the actions.
CEO for the Millennium Project, Mr. Jerome Glenn, says that "the 'Work/Technology 2050: Scenarios and Actions' could be the broadest, deepest, long-range international assessment about what to do about the future impacts of future technology produced so far."
This 200-page report complete with graphs, charts, and figures is available in print for US$ 45,95 and US$ 25,95 for download at: http://www.millennium-project.org/projects/workshops-on-future-of-worktechnology-2050-scenarios/
Finland Futures Research Centre, University of Turku
Chair for the Millennium Project Helsinki node