Education Policy, Business and Technology

Skills Deficit Will Imperil U.S. Economy by 2030

Campus Technology: For all the talk of technologies such as artificial intelligence and robotics doing away with the human element in corporate life, well trained human beings are still an essential ingredient. In fact, if the current skills gap remains unplugged, by 2030 the world will see "tens of millions of unfilled jobs and trillions of dollars in unrealized revenue," according to a new study by global consultancy Korn Ferry. The shortages could also change which countries are dominant in specific industries and force organizations to move their headquarters and operational centers to locations where they can find the talent they need. One solution: for companies to take a bigger responsibility in training people out of school.

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