The Fourth Industrial Revolution will have a disproportionately
negative impact on the economic prospects of women, although the
emphasis on talent brought about by sweeping changes caused by
disruptions to the labour force will result in more women progressing
into senior positions, a new study by the World Economic Forum has
found.
According to The Industry Gender Gap Report, published yesterday in
Davos, the burden of job losses that will result from automation and
disinter-mediation as a result of the Fourth Industrial Revolution will
impact on women and men relatively equally, with 52 per cent of the 5.1
million net job losses expected globally between now and 2020 affecting
men, compared with 48 per cent affecting women. However, the fact that
those women make up a smaller share of the workforce means that today’s
economic gender gap may widen even further than the current 40 per
cent.
This blow to gender equality can be explained by the fact that some
of the roles most at risk from automation and disintermediation are
those that are performed by a larger proportion of women; for example,
in the Office and Administrative” job family. However, it is also partly
a result of the fact that women are relatively under-represented when
it comes to jobs that are expected to have the most growth in the next
five years; for example, the Computer and Mathematical and Architecture
and Engineering job families.