By Jay Ramnundlall, CEO of Alpvest Institute for FutureTech
Key to future employability is the advent of artificial intelligence (AI), which is transforming the global workforce at an unprecedented rate. By 2030, it is projected that 170 million new jobs will be created, offset by the displacement of 92 million roles—a net gain of 78 million jobs. This phenomenon highlights both opportunities and challenges as we transition to an AI-driven world which is set to play a dual role as both a creator and a disruptor of jobs.
While 11 million jobs will directly stem from AI advancements, 9 million positions will become redundant. However, sectors such as delivery services, software development, construction, retail and farming are expected to thrive. By 2030, 40% of the skills we rely on today will have transformed. It is in this context that PC Training & Business College, which has been the pioneer in technology-driven education, has transformed itself as the Alpvest Institute for FutureTech (AIFT).
The concept of employability locally focuses on the need for individuals with skills aligned to industry-specific demands has intensified, while globally, the workforce has become increasingly interconnected, requiring adaptability, technical expertise, and cultural intelligence. This dual dynamic place a significant emphasis on equipping graduates with both localized knowledge and global competencies.
In South Africa, local employability includes addressing unemployment and fostering economic growth by aligning educational outcomes with national priorities such as digital transformation, entrepreneurship, and sustainable development. Industries such as agriculture, construction, and retail are poised for growth, driven by both local demand and the integration of technologies like AI and automation.
Educational institutions must provide students with the skills needed to thrive in these sectors, including problem-solving, technological literacy, and the ability to adapt to shifting market demands. Practical, work- integrated learning opportunities play a critical role in bridging the gap between education and the workforce, ensuring students are job-ready upon graduation.
Global employability, on the other hand, demands a broader perspective. The rise of remote work, digital collaboration tools, and international trade has created opportunities for individuals to participate in a borderless job market. However, this requires a unique set of skills, including cross-cultural communication, digital fluency, and the ability to work effectively with global teams.
Employers increasingly seek graduates who can navigate complex global systems while contributing innovative solutions. Graduates must also understand global trends, including sustainability practices, ethical AI usage, and emerging industries, to remain competitive in the international workforce.
AIFT plays a pivotal role in fostering local and global employability by delivering qualifications that integrate 4IR and emerging 5IR technologies. In this era of transformation, local and global employability is no longer an either-or proposition; it requires a holistic approach that prepares graduates to succeed in their immediate environment while equipping them to compete and collaborate on a global stage.
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