
All countries and peoples are changing rapidly, as the market economy, democratic politics, and millennial and Gen Z culture spread. American management thinker Peter Drucker has described this development as the “knowledge society”. By this, Drucker meant that, in our world today, knowledge has become the basic human resource.
Today, value is created not so much by capitalists, workers and natural resources as by productivity and innovation, both of which are the application of knowledge to work. Today, value is above all created by intelligence – creativity – and inventiveness. The new tribe is made up of “knowledge workers” – individuals who know how to use knowledge for productive purposes.
This leads us to clearly understand that we need to focus more on education; With the incoming new leadership at the Ministry of Education, the new government and the private sector are both focused on understanding that systematic learning is the ultimate ladder to opportunity!
Education must intensify and expand the need to educate all of its people. It will no longer be enough to educate a tiny elite who will then manage and direct the politics, economy and culture of the greatest number. Sara Duterte will be busy!
Development will require not only a body of highly skilled individuals capable of absorbing advanced technology; it will also require a minimum of scientific knowledge and technological skills; it will also require the establishment of professional standards, the delineation of areas of expertise and the organization of communities of knowledge. Education can no longer afford to leave anyone behind. All young people, whether they go to college or not, will need a similar set of basic skills if they are to succeed in today’s job market. Government, the private sector and civil society must work closely together for Safe the Children. You should know that 40% of the Filipino population is educated!
If the Philippines is to survive in the ever-changing, fast-paced, technology-driven world unfolding before our eyes, the country must position itself strategically in this new economy. The ultimate effort must be to secure the Philippines’ place on the right side of the digital divide created by the revolutions in communications, information and computer technologies. It requires a working-class workforce, which the ICT, BPO and creative industries demand. And because knowledge has become the central resource of the modern economy, we must bear in mind that continuous learning has become essential. The generation and transmission of knowledge is so rapid that learning has become a lifelong process for all of us.
On the industry side, we are already seeing changes in sectors that will be significantly impacted by the adoption of AI, such as high tech and telecommunications, financial services, manufacturing, transportation and logistics, health care and education. The Asian Development Bank predicts that a quarter of jobs in outsourcing and electronics will be lost due to automation, but this loss will be offset by new roles within these industries.
Let’s also keep in mind that digitalization means new skills and capabilities are needed, and companies need to offer the right programs to their employees to stay competitive.
In conclusion, let me repeat, once again, the wise words of Ramon del Rosario, President of Philippine Business for Education: “It’s the private sector that creates jobs. But the government must create an environment conducive to job creation! »
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