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The Role of Technology in Transforming Jobs and Supercharging Careers

In an era marked by swift technological progress which is often seen as disruptors to jobs, it’s time to shift our perspective. As the job landscape undergoes transformation, many individuals find themselves standing at a crossroads in the evolving workforce. Instead of fearing obsolescence, people are embracing the new era of technology-enabled learning and reskilling. In Malaysia, 96% of employers are either currently using or planning to use GenAI technology in 2024. This means that employees will now need to further build their skills to keep up with evolving job descriptions. Fortunately, a wide array of online courses, skilling content, AI-guided career counselling, and virtual reality simulations are readily available to assist employees in advancing or pivoting their career paths.

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Photo by fauxels on Pexels

Welcome to the era where technology is spearheading a reskilling and upskilling revolution that transforms careers. To access this, you don’t have to go to a university and attend classes in person – today, there are a variety of options, from online courses to complimentary upskilling apps available to anyone seeking it. 

Unlocking the potential of upskilling and reskilling in Southeast Asia

Southeast Asia is one of the fastest-growing economies in the world and is home to the third-largest labour force which is predominantly young. In Malaysia, the labour force makes up 16.97 million persons, indicating that there is an enormous potential for skilled labour. Yet, job participation, skill development and productivity levels are still lagging behind. Over the past decade, labour force participation in some Southeast Asian countries has gradually increased, while others have seen their rates fall significantly. What’s more, high rates of informal employment and a lack of support for older workers has slowed the region’s shift to a knowledge-based economy. 

Research by PwC indicates that upskilling and reskilling, with a focus on digital-first capabilities, can potentially boost Southeast Asia’s GDP by 4% by 2030, creating nearly 680,000 new jobs.  Importantly, it helps to create an agile and resilient workforce in the face of economic uncertainty and geopolitical strife.

Technology as a learning tool

In light of these circumstances, we urgently need to rethink our approach to upskilling. Lifelong learning programs, utilising technology to deliver online content, offer greater benefits to adults and older professionals seeking fresh challenges beyond the limited courses offered by traditional education institutions. In markets like Malaysia, digital skills are the top focus for employees, with most still prioritising basic digital skills (83.1%).

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Photo by Vojtech Okenka on Pexel

Technology empowers learners, giving them control and personalisation. This allows them to set their own pace since lectures and materials are pre-recorded, or they can participate in virtual lessons via online platforms such as Jobstreet’s Career Hub powered by seekMax, eliminating the need for in-person attendance. Through online platform learning such as this, the learner will be able to focus on gaining the skills they want to prioritise to be more suited for their next job.

In comparison to full-time universities that emphasise rigorous academics, upskilling and lifelong learning institutions provide easily digestible, bite-sized content for rapid knowledge acquisition. Furthermore, these modern educational models are designed to accommodate busy schedules and shorter attention spans, placing a strong emphasis on accessibility and convenience.

What’s particularly significant is that these accessible platforms empower learners to develop both hard and soft skills. For instance, individuals in today’s workforce can equip themselves with essential skills such as salary negotiation and leadership. 

Enhancing the upskilling experience  

Once considered staid, lifelong learning platforms are continuously innovating to improve the social aspects of their programs. To do this, many programs promote learning through collaboration and communication. Talent embarking on a lifelong learning journey can engage in group learning activities to interact with course material, forums, quizzes, masterclasses, or online discussions. 

With the rise of online communities, it’s easier than ever for a working professional to gain relevant and practical insights from like-minded peers or industry experts who can help them navigate their careers by providing tailored advice. 

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Photo by Artem Podrez on Pexels

This is exactly the sort of positive learning environment we’re creating with Jobstreet’s Career Hub powered by seekMAX, SEEK’s free innovative in-app learning and community platform that’s designed for on-the-go learners – with access to a wealth of content as well as industry experts. Since launch, nearly 1 in 3 monthly active users of the Jobstreet platform have already started using seekMAX as a tool to learn new skills and share insights amongst the community. 

As the world’s workforce continues to evolve – lifelong learning platforms are crucial to personal growth and professional success. Lean into the opportunities they offer to stay relevant and competitive. The public and private sectors must also encourage this mindset in order to build a future-proof workforce. 

Unity Software layoffs 1,800 or 25% of their staff in “reset”

Unity Logo

Unity Software Inc., a big player in video game engine software, has hit the reset button and is laying off 25% of their workforce (1,800 jobs). This news comes as part of the new interim CEO Jim Whitehurst, former CEO of Redhat, plans for a company restructuring or “reset”. Whitehurst has taken over the helm of Unity from then CEO John Reiccitiello, who has since retired and left the board in October 2023 after a massive backlash last year because of new “runtime fee” structures.

TLDR for the new pricing structure is that for every new install for a game using Unity, there will be a charge if the game reaches a certain revenue threshold. This angered game developers as this policy came out of nowhere and also worked retroactively. This would be extremely damaging to games that have the free to play model like ‘Pokemon Go’ or ‘Hearthstone’. Eventually Unity had to walk back its changes for damage control, but it may not be enough as developers plan to move on to other platforms.

Unity under Whitehurst seems to have a lot of restructuring planned as they have already terminated an agreement with special effects house Weta Digital, founded by director Peter Jackson. This has already cost 275 jobs on top of the 600 previously trimmed in May 2023. Hopefully, all this trimming, restructuring and refocusing on their core, the Unity Editor and Runtime, and Monetizations Solutions workouts. We will have to wait and see as Whitehurst plans unfold for Unity. So far, shares for Unity have jumped up approximately 40% since the announced reset by Whitehurst.