The 4th Industrial Revolution is ushering in a new era in manufacturing by merging hardware and software and reimagining how products are designed, made and serviced. Advanced manufacturing has profound implications for the future of work, as well.
Yet innovation doesn’t just bring disruption, but also opportunity — for industries and workers. A study by GE and Oxford Economics suggests that advanced manufacturing jobs are higher-paying and support a greater number of jobs in the supply chain. Other studies predict the 4th Industrial Revolution is expected to generate over 2 million jobs by 2020 — two-thirds of which may not have even been invented yet.
This infographic explores how advanced manufacturing is transforming jobs, and what businesses and policy makers can do to ensure workers have the skills they need for the jobs of the future: