IBM is investing $1 billion in initiatives like apprenticeships to train workers for what it calls 'new collar' jobs.
IBM's Chair, CEO and President Ginni Rometty has a powerful message for workers and employers in all strata of society: The Fourth Industrial Revolution is underway and it is shaping up to be one of the most significant challenges and opportunities of our lifetime. We are already seeing jobs, policies, industries and entire economies shifting as our digital and physical worlds merge.
While only a minority of jobs will disappear, the majority of roles that remain will require people to work with the aid of analytics and some form of AI and this will require skills training on a large scale, Rometty said. To address the issue IBM is investing $1 billion in initiatives like apprenticeships to train workers for what it calls"new collar" jobs – a phrase Rometty has coined for workers who have technology skills but not a four-year college degree. She noted the company is crafting 500 apprenticeships with the goal of making this"a reclusive era for employees."
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