The Fourth Industrial Revolution, a term coined by the founder and executive chairman of the World Economic Forum in 2019, represents entirely new ways in which technology becomes embedded within societies and even our human bodies. Advanced digital technologies such as AI-Artificial Intelligence, IoT-the internet of things, robots, drones, autonomous vehicles, 3D printing, cloud computing, nanotechnology, and more that communicate, analyze and act upon information to enable organizations, consumers and society to be more flexible and responsive and make more intelligent, data-driven decisions.
In working to keep up with the pace of technological change, business leaders are beginning to appreciate the need to nurture a culture of lifelong learning, equipping their workforces with the skills necessary to succeed in the future. And thanks in part to pressure from consumers and employees, executives are recognizing the need for a diverse workforce.
However, shifts in employment and skills may increase race, income, gender and sexual orientation inequality. Additionally, NYC lost 600,000 jobs during the pandemic. Young people have been hardest hit as the industries where most worked (retail, restaurant and entertainment) saw the greatest job losses.
Technology jobs now lead all other occupations in total hiring for a variety of industries—not just tech, but healthcare, finance, marketing and education. Tech has become even more pivotal to the city’s economy and will be one of the main drivers of job growth in the post-pandemic economy. These jobs pay an average starting salary of $80,000 and provide a career path for the future.
How do we ensure that Black, Latinx, Asian and Indigenous communities are not left behind?
- Shifts in employment during the pandemic that have impacted young people
- How tech is projected to grow in the post-pandemic economy
- How philanthropy can ensure that Black, Latinx, Asian and Indigenous communities are not left behind the growth of the tech industry
- Abe Mendez, Managing Director - New York, Per Scholas
- Reuben Ogbonna, Executive Director, The Marcy Lab School
- Richard Rivera, Founding Member, Senior Advisor, Kura Labs
- Jessica Santana, Co-Founder and CEO, American on Tech
- Rodney Woodruff (Moderator), Vice President, Engineering, Shopify
All interested funders, regardless of roles at your foundation. What to expect: presentation followed by Q&A.