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Three unique factors shape the future of jobs in the Europe-5 (France, Germany, Italy, Spain, and the UK): The pandemic. Businesses grow revenues by digitalizing their work processes. More work is done remotely, and more routine tasks are automated. Automation is a lever for change to reduce process costs and increase innovation.
However, we may see a significant leap in generative AI capabilities by 2040. Jobs that have historically been automation-proof will be further affected by generative AI. As these tools become more widespread in the workplace, they will inevitably bring changes to job roles and necessitate new skills.
Sweden, for example, aims to be fossil fuel-free by 2040, while in Denmark, over 40% of electricity is generated from wind turbines. They may also adopt education initiatives that promote job training and skills building to help citizens adapt to a changing economic environment.
Sustainability doesn’t have a limit to the job titles,” Curtiss said. “We We really believe it’s everyone’s job.” Capgemini, one of the first companies to adopt Renew, has pledged to become carbon neutral in its own operations by 2025 and across its supply chain by 2030, and net zero by 2040. This effort does not go unnoticed.
Countries that adopt these green measures see the following benefits: Job Creation. Experts state countries can create at least 65 million new low-carbon jobs globally by 2030 if they take action soon. stimulus package created clean energy jobs for nearly one million American workers. History bears out this prediction.
First, the size of the prize is hefty – Quantum Computing is set to generate up to USD 40-45 Bn in revenues in the Financial Services industry alone upon its maturity by 2040 with a CAGR of ~40-42%. In Exhibit 2, based on the latest job opening data, 125 Quantum Experts were hired by 21 Financial Institutions as of June 2020.
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