Poll: The Future of Work

As we move into the digital age, what does this mean for the future of work?

This week, we asked the Invstr Community what their opinion is on the future of work now that we are moving into the digital age.

The winner by a slim margin was the 39 percent of Invstrs who believe that there will be a high demand for digital skills in the future. Many in the tech field believe that not understanding technology and having digital skills in the future would be the equivalent of not knowing how to read right now. Although that might be an exaggeration, it goes to show how important digital skills are going to become as more jobs become digitized. Further innovations could bring this into light, and companies will be looking for workers who can embrace the future, making this a smart first place vote.

In second place is the 27 percent of Invstrs who believe that AI will replace jobs in the future, leading to unemployment. AI seems so futuristic, and its starting to get uncovered in the mainstream media with things like OpenAIs ChatGPT. This is a realistic viewpoint to have considering how smart AI models can become, and how much smarter they will become as more innovation occurs in the future. However, human labor is still going to be in high demand for the next few decades as we navigate the world of AI and its complexity. Given the scope of the matter, it makes sense as to why this option got second place.

To close out the podium, we have the 17 percent of Invstrs who believe businesses will become more efficient, and another 17 percent of Invstrs who believe that work will become more flexible and possibly remote. Yes, we have a tie for the bronze medal! With technology comes efficiency and innovation, meaning businesses can now utilize new aspects of the digital age to maximize efficiency, and therefore gain more revenue. This leads to a spur of benefits, and workers might be able to individually utilize new aspects of the digital age to efficiently perform their tasks for the business. When it comes to remote working, weve seen this play out with the COVID-19 pandemic, and the effects seem to be lasting. Many companies, especially in the tech sector, permit remote work, and communities across America are adapting to the work-from-home buzz that has spread by improving broadband and expanding suburban areas. Digitalization removes the needs for office spaces, thus reducing corporate costs, making both good options for 3rd place.

Have you noticed any changes in your work life recently? Have fun and see you next time with more poll results!

  • The Invstr Team

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa簧 Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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