Highest paid careers: The jobs that will be the most highly paid in 2040

Technology is changing the world and our jobs won’t look like this in 20 years. These are the roles that could be best paid in the future.

Australians eyeing a post-pandemic career change and a pay rise should consider training in jobs that will sustain their income for decades to come.

The rise of automation and technology will revolutionize many industries — not even doctors and nurses are certain — and some experts believe even complex tasks like surgeries could eventually be performed by robots.

Professionals in traditionally lucrative legal professions have already been alerted. A 2016 analysis by Deloitte estimates that 114,000 legal sector jobs in the UK are likely to be automated over the next 20 years, most of them junior legal clerk jobs.

The legal industry, like many others, will increasingly need to incorporate innovations such as “Big Data” into the way it works, and will increasingly hire experts in areas such as technology development and data analysis.

Australia’s National Skills Commission has identified four key skills that are likely to be in demand in the future: Nursing, Computer, Cognitive and Communication Skills.

The skills reflect the fact that human-centric roles, such as B. in the care sector, are very difficult to automate. Non-routine, non-repetitive roles that require cognitive skills also continue to be in high demand.

However, it is also becoming clear that many jobs will be created in the technology sector and the demand for digital skills will be higher than ever.

Communication will continue to be important and Commission analysis shows that employability skills such as communication, problem solving, digital engagement, initiative and teamwork will be required.

“Jobs that require very high oral communication and writing skills are the least automated,” the commission notes.

“This recognition – and the importance of communication skills to a range of professions – drives the NSC’s view that communication will be a core competency of the future.”

love news? Stream 25+ news channels in one place. New to Flash? Try 1 month free. Offer ends October 31, 2022 >

Carolyn Parry, founder of UK career coaching company Career Alchemy, believes people need to use their creativity to be successful.

“Parents can help their children to stimulate their original thinking – and I’m not just talking about drawing and designing, I’m talking about original thinking,” she said The London Telegraph.

“New developments will emerge at the intersection of so many different disciplines. So if you think of a Venn diagram, take three different disciplines and overlap them – this is the opportunity. From there the cure for cancer will come.

“Anything STEM related [science, technology, engineering and mathematics] is good – if it interests you. But if they aren’t, don’t push your child down a route they don’t want to follow. It’s a recipe for a disastrous start in life.”

Futurist Nikolas Badminton has also identified several future jobs, including the roles he believes will be best paid in the decades to come.

Human-centered designers and ethicists

Mr. Badminton believes that as technology creeps into every part of people’s lives, designers with a progressive mindset will become increasingly important.

The rise of companies like Twitter or Facebook has highlighted the ethical issues raised by new technologies, including how people’s data is used.

This will create a demand for people trained in ethics, philosophy and design to lead companies’ operations and develop products with people in mind.

“Also, large parts of government, particularly local and provincial, are being reshaped in terms of citizen empowerment and transparency,” suggests Mr. Badminton.

Artificial intelligence psychologists

It might seem like a strange idea, but robots might need therapists too.

Mr. Badminton believes that smart devices and robotics will become so widespread that they will become “sentient,” enabling them to perceive and experience feelings.

Psychologists need to educate themselves to understand artificial intelligence and machine learning.

“Our toasters may need help and we will be there for them,” he adds.

Metaverse Architects

Not only is the metaverse a catchphrase of Facebook founder Mark Zuckerberg, Mr. Badminton believes visionaries are needed to rethink how people connect and how virtual versions of themselves, called “avatars,” are created in mixed reality environments be able to live.

As a result, those traditionally trained as architects, video game designers, sound engineers and retail professionals will be in demand at large technology companies, government organizations, technology platforms and advertising agencies.

Activist artists and creators

Bad news for those working in the television industry, Mr Badminton believes traditional television platforms will be “dead”.

Instead, “art plus content plus experience” will be everything.

Entertainment is becoming more collaborative and artists building ecosystems of video and content creators fueling activist movements will be the new leaders.

Interestingly, Mr Badminton believes offline entertainment such as theatre, dance, street art, visual artists and live music will see a renaissance.

“It will bind society together and create meaning behind life in an increasingly connected world and rival governments and big business alike.”

Coaches for data economics

Data has become a coveted commodity and Mr. Badminton believes people will take more control of their own data in the future.

We will take our online identities and the data we generate seriously, including when deciding whether to monetize them.

To help people navigate this, experts will emerge to help people and businesses with their personal data brokerages.

Online and Local Entrepreneurs

The internet has enabled entrepreneurs to reach a global audience and this will continue to provide valuable opportunities.

Many people will start businesses and use local and international freelancers to help them ship their products all over the world.

But there will still be a place for those who want to stay local and not go entirely online, as people are still drawn to face-to-face interactions.

data scientist

The world is producing a staggering amount of data — 200 petabytes will be generated each year by 2040 — and more than 8,000 digital data interactions per person.

“Every business needs teams of highly skilled data scientists to help them explore possibilities in the data they have and empower their people and customers,” said Mr. Badminton.

Experts in cybersecurity and misinformation

In a hyper-connected world, cyber attacks become a greater risk.

Teams of cybersecurity experts will work with “misinformation scientists” to ensure privacy, security and protection for all.

“These will be the highest-paying corporate jobs in the late 2030s and into the 2040s,” Badminton believes.

We can already see this happening. The Morrison government announced this week that it would double its cybersecurity spending over the next 10 years, adding $10 billion and creating 1,900 jobs.

You need an education in computer science and information theory.

Health experts for biohackers

Mr. Badminton believes that longevity will become a top concern for the ultra-rich as the median age of those with incomes over $10 million skyrockets to 130.

Specialty hospitals will emerge to help people maintain their health, with those trained in medicine and other specialties such as nutrition and technology able to benefit.

The facilities will look at everything from implantable technology and cybernetics to psychedelics and nutrition to ensure longer lives for those who can afford it.

Leave a Comment