The Rise of Global Digital Jobs

• March 11, 2024
• Andrew

The global working-age population is shifting towards lower-income countries, while emerging technologies enable more fully remote ways of working.

Jobs and workforce in transformation According to findings from the Future of Jobs Report 2023, the three factors most likely to transform businesses in the next five years are technology development and adoption, the green transition and macroeconomic conditions.1 The report estimates that the equivalent of a quarter of today’s jobs will change as jobs are either created or displaced. As a result, the outlook is for growth in many technologyenabled roles and green jobs. Meanwhile, roles that may face automation are expected to decline. These shifts mean that many workers will need to transition between their current expertise and future demands. Already, it is apparent that the rapid development of generative AI is changing the face of many jobs. Jobs of Tomorrow: Large Language Models and Jobs2 assesses the potential impact of large language models on jobs, finding over 60% of work time could be impacted by this technology. In parallel, growth and ageing across different geographies are transforming the distribution of the global working-age population. Currently, the global working-age population is distributed almost equally (51:49) between lower-income and higher-income countries. In two decades, this distribution will become 60:403 towards lower-income economies, meaning there will be 50% more working-age people in lower-income than higher-income countries.

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