The Most Critical Tech Skill for 2025 (And What's Becoming Obsolete)

Summary

This video script discusses the rapid pace of technological advancement and the importance of adaptability as a key skill for the future. With the AI market expected to grow exponentially and the potential for job displacement due to tech advancements, the speaker emphasizes the need for continuous learning and the ability to embrace new technologies. The script also highlights the potential of quantum computing and suggests that a blend of soft and technical skills will set individuals apart in the evolving job market.

Takeaways

• 🚀 The pace of technological advancement is incredibly rapid, with 90% of the world's data created in the last two years of 2020.
• 📈 AI and machine learning are driving this acceleration, with the global AI market expected to grow from $387 billion in 2022 to over $1.3 trillion by 2029.
• 🛠️ Technological growth could displace 85 million jobs by 2025, but it also creates new opportunities for those who adapt and learn new skills.
• 💡 The importance of being a builder, creator, or innovator in technology cannot be overstated, as these roles are at the forefront of shaping the future.
• 🌐 Quantum computing is a burgeoning field with the potential to revolutionize industries, projected to grow from $486 million in 2021 to $3.1 billion by 2028.
• 🧠 Adaptability is the key skill for the future, more so than any specific technical skill, as it allows individuals to thrive in a constantly changing technological landscape.
• 🔄 By 2025, 50% of employees will need reskilling, highlighting the necessity for continuous learning and adaptability in the workforce.
• 🤔 Embracing a growth mindset and being comfortable with not knowing everything are essential for adapting to new technologies and trends.
• 🏫 Understanding the basics of one's field is crucial, even as AI takes over more routine tasks, because it provides a solid foundation for further learning and adaptation.
• 📊 Specializing in a single, static technology or having a narrow focus on technical skills without business context may become less valuable as technology and roles evolve.
• 🌟 The ability to combine strong soft skills with technical expertise will set individuals apart, as the distinction between the two becomes increasingly blurred.

Q & A

What is the main skill discussed in the video that can set someone apart in the tech industry by 2025 and beyond?

The main skill discussed in the video is adaptability, which is a soft skill that can be learned and developed to become proficient at adjusting to new technologies and changes in the tech industry.

According to the video, what percentage of the world's data was created in the last two years as of 2020?

According to the video, 90% of the world's data had been created in the last two years as of 2020.

What does the rapid creation of new data mean for AI technology?

The rapid creation of new data means that AI has access to more information to learn from, which accelerates technological advancements at a faster rate than ever before.

What is the potential impact of technological growth on jobs by 2025 according to the World Economic Forum mentioned in the video?

The World Economic Forum suggests that by 2025, 85 million jobs might be displaced due to the rapid growth and change in technology.

What is the expected growth of the global AI market from 2022 to 2029 according to Fortune Business Insights?

The global AI market is expected to grow from $387 billion in 2022 to over $1,300 billion by 2029.

What is the projected growth of the quantum computing market from 2021 to 2028?

The quantum computing market is projected to grow from $486 million in 2021 to $3,100 million by 2028.

Why is adaptability considered more important than technical skills in the context of the rapidly evolving tech industry?

Adaptability is considered more important because it allows individuals to quickly learn and adjust to new technologies and changes, which is essential in a fast-paced tech industry where new tools and platforms are constantly emerging.

What is the significance of having a growth mindset in the tech industry as per the video?

Having a growth mindset is significant in the tech industry because it enables individuals to stay open to learning new technologies, asking questions, and being curious, which are crucial for adapting to the rapid changes in the field.

What are some of the key strategies mentioned in the video for becoming adaptable in the tech industry?

Some key strategies mentioned for becoming adaptable include realizing that learning is a journey, not a race, asking questions, staying open-minded, being curious, and understanding the basics of one's field.

What is the potential downside of specializing too narrowly in a single technology according to the video?

The potential downside of specializing too narrowly in a single technology is that it might limit one's ability to adapt to new technologies and changes, making it difficult to stay relevant in a rapidly evolving tech industry.

Why is it important for technical individuals to also understand the business context of their work?

It is important for technical individuals to understand the business context of their work because as technology becomes more accessible, the line between soft and hard skills is blurring, and being able to align technical solutions with business needs is crucial for success.

Outlines

00:00

🚀 The Rapid Pace of Tech Advancement

The video begins by highlighting the unprecedented speed of technological advancement. It emphasizes the importance of identifying a skill that will set one apart in 2024 and beyond. The narrator shares intriguing statistics, such as IBM's 2020 revelation that 90% of the world's data was created in the preceding two years. This rapid data generation accelerates AI development, which, coupled with the World Economic Forum's prediction of 85 million job displacements by 2025, underscores the transformative impact of technology. The narrator stresses that despite job displacement, new opportunities will emerge for those who stay ahead of tech trends.

05:01

📈 Positive Tech Growth and AI Market Expansion

The video shifts to positive statistics, particularly the expected growth of the global AI market from $387 billion in 2022 to over $1,300 billion by 2029. This growth is attributed to the widespread integration of AI into daily life and various industries. The narrator also mentions the potential of quantum computing, projecting its market to grow from $486 million in 2021 to $3,100 million by 2028. These advancements are expected to revolutionize tech further, offering lucrative opportunities for those involved in these fields.

10:02

🔄 Adaptability: The Essential Skill for 2025 and Beyond

The narrator reveals that the most crucial skill for future success is not technical but a soft skill: adaptability. As technology evolves rapidly, the ability to adapt and learn new tools becomes vital. The narrator recounts personal experiences, emphasizing that adaptability can be developed through continuous learning and staying open-minded. This skill allows individuals to navigate changing tech landscapes and maintain relevance in their careers. The narrator advises embracing a growth mindset, asking questions, and understanding the basics of one's field to build a strong foundation.

🤝 Balancing Technical and Soft Skills

The video continues by discussing the importance of balancing technical and soft skills. With technology adoption increasing, the line between these skills is blurring. Those who can blend strong technical abilities with excellent soft skills will stand out. The narrator suggests practical ways to develop adaptability, such as taking diverse courses and remaining open to new learning opportunities. Additionally, understanding the basics of one’s field, despite AI's capabilities, is crucial for long-term success.

🚫 Skills at Risk of Obsolescence

The narrator identifies skills that may become less valuable, such as specializing in a single static technology and having a narrow focus on technical skills without business context. As technology becomes more integrated with business needs, the separation between soft and hard skills diminishes. Therefore, it is vital to stay adaptable and maintain a broader skill set to remain competitive in the evolving tech landscape.

📚 Embracing Lifelong Learning

The final part of the video encourages viewers to embrace lifelong learning, especially as the fall season and the start of a new academic year approach. The narrator emphasizes that being adaptable, open-minded, and continuously curious will help individuals stand out and advance in their careers. The video concludes with a call to action, inviting viewers to vote on the next video topic and reminding them to subscribe.

Keywords

💡Adaptability

Adaptability refers to the ability to adjust to new conditions or changes in the environment. In the context of the video, it is the number one skill recommended for individuals to develop in order to thrive in a rapidly evolving tech landscape. The script emphasizes that adaptability is a learnable skill that enables one to become proficient at embracing new technologies and changes, making it feel almost second nature. It is highlighted as more important than technical skills alone, as it allows for a blend of soft and technical skills, setting individuals apart in their careers.

💡Data

Data, in the script, represents the information being created and used at an unprecedented rate, especially in the last few years as mentioned by the speaker. The rapid creation of data is a driving force behind the acceleration of AI learning and technological advancements. The script uses the statistic that 90% of the world's data was created in the last two years prior to 2020 to illustrate the sheer volume and pace of data generation, which is foundational to the tech industry's growth.

💡Artificial Intelligence (AI)

AI is the intelligence demonstrated by machines, as opposed to the natural intelligence of humans. The video discusses how AI has access to a growing amount of data, enabling it to learn and improve at an accelerated rate. The script also mentions the global AI market's expected growth, indicating AI's significant role in the tech industry and its impact on various sectors, including job displacement and creation.

💡Quantum Computing

Quantum Computing is a technology that uses quantum bits, or qubits, to perform computations much more efficiently than classical bits in traditional computers. The script presents quantum computing as a field that is expected to revolutionize the world and experience explosive growth, with the market projected to increase dramatically by 2028. It is suggested as an area of interest for those starting their careers in technology.

💡Reskilling

Reskilling is the process of acquiring new skills or improving existing ones to meet the demands of a changing job market. The video states that 50% of all employees will need reskilling by 2025, indicating the necessity for continuous learning and adaptation in the workforce. This concept is closely tied to the theme of adaptability and the need for individuals to be open to learning new technologies.

💡Displacement of Jobs

Job displacement refers to the loss of jobs due to technological advancements or other economic factors. The script cites the World Economic Forum's prediction that 85 million jobs might be displaced by 2025 due to rapid tech growth. This concept is used to highlight the urgency for individuals to adapt and learn new skills to stay relevant in the job market.

💡Global AI Market

The Global AI Market is the economic sector encompassing all business activities related to artificial intelligence. The video script provides a statistic that this market is expected to grow from $387 billion in 2022 to over $1.3 trillion by 2029, illustrating the substantial growth and investment in AI technologies and their integration into various industries.

💡Technologists

Technologists are individuals who are knowledgeable and skilled in technology, often involved in the creation, development, and innovation of tech products and solutions. The script refers to technologists as the builders and creators who are shaping the future of technology and are well-positioned to find new opportunities in the tech industry.

💡Growth Mindset

A growth mindset is a psychological concept where individuals embrace challenges and see effort as the path to mastery. The video emphasizes the importance of having a growth mindset in the tech industry, where continuous learning and adaptability are key to success. It is associated with being open to learning new technologies and improving one's skills.

💡Soft Skills

Soft skills are personal attributes that enable someone to interact effectively and harmoniously with other people. The video script contrasts soft skills with technical skills, highlighting the importance of having a balance of both in the tech industry. It suggests that individuals with strong soft skills, in addition to technical expertise, will stand out in their careers.

💡Technical Skills

Technical skills are specific abilities required to perform tasks in a particular job or occupation, often related to specialized knowledge in a field. The script discusses the importance of not only having technical skills but also being able to adapt and learn new technologies as they emerge. It also warns against being too narrowly focused on technical skills without understanding the broader business context.

Highlights

Tech is advancing rapidly, with 90% of the world's data created in the last two years.

AI's access to data accelerates technological growth, with implications for job displacement by 2025.

The World Economic Forum predicts 85 million jobs may be displaced by 2025 due to tech advancements.

New job opportunities are being created alongside those being displaced by technology.

AI and machine learning are driving significant market growth, expected to reach over $1.3 trillion by 2029.

Quantum computing is projected to grow from $486 million in 2021 to $3.1 billion by 2028.

Adaptability is the key skill for the future, more important than technical skills alone.

50% of employees will need reskilling by 2025, emphasizing the importance of adaptability.

A blend of soft and technical skills will be crucial for standing out in the job market.

Understanding the basics of one's field is essential for adapting to technological changes.

Specializing in a single static technology may become less valuable as tech evolves.

Having a narrow focus on technical skills without business context could become obsolete.

A growth mindset is key for learning and adapting to new technologies quickly.

Being open-minded and curious helps in building adaptability in a rapidly changing tech landscape.

Learning the basics provides a strong foundation for adapting to new technologies.

The best time for upskilling and learning new things is during the fall and winter seasons.

Adaptability is a super-secret skill that employers will notice in job applications and portfolios.

Transcripts

in a world where Tech is moving faster

than ever what is the one skill if you

could learn any skill that would set you

apart not only in 2024 looking ahead to

2025 and Beyond and let me tell

you there actually is one this coffee is

kind of

cold all right let's get to it but first

I want to share with you some really

interesting stats taking a step back

looking how quickly Tech is moving and I

think some of these are really going to

blow your mind I know did for me fact or

stacked one which is really interesting

this is from IBM back in 2020 so 4 years

old did you know 90% of the world's data

had been created at that time in the

last 2 years 2 years now you think to

2024 where we are now how quickly we are

creating new data faster than ever

before but what does this mean well for

one with more data means AI on one hand

has access to learning quicker and

faster with all this information we are

putting on the internet which will

accelerate Tech at a faster rate than

we've ever seen before and another fun

well this one's not so fun but important

fact is the world economic Forum says

that by 2025 85 million jobs might be

displaced due to how quickly Tech is

growing and changing now listen let's

not start the whole gloom and doom thing

here the reality is lots of jobs will be

displaced taken over but it's also new

jobs are being created and I know you're

probably tired of hearing that but it is

very true yes some jobs that maybe you

know uh especially when you think of

jobs that now ai can do more of the chat

Bots or different things like that they

are being replaced or parts of them

anyways but who is building those the

builders the creators the innovators the

technologists you and me you if you are

someone who's staying ahead and learning

these skills you are going to find so

many new opportunities coming your

[Music]

way all right we can't start this video

with all negative or kind of Doom and

Gloom stats let's look at some really

big positive ones speaking of AI and

machine learning check this out this is

pretty crazy the global AI Market is

expected to grow from 387 billion back

in 2022 to over 1,300 billion so 1,300

billion by 2029 and this is coming from

Fortune business insights and that stat

is pretty mindblowing when you think of

it AI is so different than a lot of the

other bubbles we have seen if you will a

lot of the other ones were more

speculative meaning they weren't

necessarily already ingrained in our

day-to-day lives in our products our use

cases now with AI we see it every

company implementing it right into their

technology and software and we're using

it more than we even realize which is

pretty crazy if you ask me so it's

really grow I I can see why this number

is continuing to grow another area I

really want to touch on is quantum

Computing you know if you've seen my

videos in the past I'm kind of obsessed

with Quantum Computing not that

knowledgeable about it in the sense that

I just I read about it a lot but I'm not

in that space by any means but I just

think it's going to revolutionize our

world so if you're looking for by the

way a tip an area you're starting out

your career and you want an area to get

into Quantum

Computing I think that's a good one

listen to this stat about it the quantum

Computing Market is projected to grow

from 486 million in 2021 so 3 years ago

to

3,100 Million by 2028 this is another

stat by Fortune business business

insights this industry is going to

explode once there's a few you know

discoveries made that are people

scientists are working on on a daily

basis I think it's going to change

everything and put Ai and everything

else we've learned in the past just

minuscule compared to what it can do

it's just a little side note got to good

thing I'm recording this because maybe

in a few years I like see I knew maybe I

won't though get to the point Tiff okay

you're right sorry back to the topic of

this video but this information I just

shared with you is very important to

have a solid understanding of knowing

some stats knowing the direction of the

tech industry where it is headed where

Tech as a whole is going because if you

are someone who's looking to grow their

career stand out maybe you're looking to

build a business you need to be informed

and that is really important okay here

we go are you ready for the number one

skill to learn in 2025 or build in 2025

and Beyond I mean we just listed a bunch

of stats that how quickly Tech is moving

are you going to be surprised when I

tell you this skill actually isn't a

technical skill but rather a soft skill

can you guess what it is adaptability

now hear me out this is actually a skill

that just like a technical skill you can

learn you can Flex this muscle Build It

Up kind of like go to the gym for it but

for adaptability that you become so good

at adapting to new technology new things

coming your way that it just feels like

second nature now you might have heard

of this stat before 50% of all employees

will need reskilling by 20 25 I mean

that's coming up in a few months here

adoption of technology is continuing to

increase and we've seen this more than

ever you I'm sure in the workforce you

have seen some of your peers who are

resistant or hesitant to trying out new

technology maybe they're more of a soft

skill person but new tech is coming so

quickly that now that blend between soft

and Technical individuals is becoming

closer and closer together you are

someone who is able to have strong soft

skills and strong technical skills you

will stand out you will be so you'll be

able to really differentiate yourself

from your peers or others around you by

being strong in both senses now maybe

your job is more on the technical side

and that's fine but still Flex those

muscles for soft skills and vice versa

back to adaptability what no matter what

role you are in how do you Flex this

muscle how do you become adaptable there

are a few things you can do I'm going to

share with you a few things that really

have worked for me when I first started

out in my career I thought I needed to

learn this list of Technologies there

was specific Technologies I needed to

learn and if I didn't learn them I was a

failure but I was so narrow sided with

the technologies that I wanted to learn

that I didn't see what else was out

there what really that did was I thought

oh these are the best Technologies I'm

not going to learn anything else and I

was so focused on that I didn't learn

how to learn it wasn't until later in my

career that I realized wow Tech is

starting to really pick up move quicker

than ever before there's no way I can

learn it all and I'm sure you felt the

same way so how do you adapt then to

these scenarios where you might be on a

new project say at work and it's with a

different programming language or you're

interviewing and they're in different

languages here's the key thing the

number one thing you need to be is

realizing that this is not a race this

is a walk this is you are like a

tortoise honestly meaning take your time

ask questions be okay with not knowing

everything that is the biggest struggle

I personally had is being okay with

asking questions putting yourself out

there feeling well vulnerable now it's

not as easy especially if you come from

a technical background you might be like

well Tiff tell me the three key steps or

courses I need to take to become

adaptable it's not that easy and that it

gets complex really quickly that is why

I think it is so interesting and you see

these people starting to have this

growth mindset where they are standing

out learning Tech quickly and I think

the key is asking questions as I

mentioned staying open-minded staying

curious and just building maybe you take

a short burst of a course on something

another course on another thing that

doesn't mean that you're not

specializing in an area but you are

starting to learn the landscape and as

Tech moves quickly that will become

absolutely key another thing that is

really essential being able to adapt

quickly is understanding the basics now

this depends on what role in particular

you are in but let's take web

development nowadays as we know AI can

do a pretty good job of the basics when

it comes to web development maybe you're

thinking well there's no point in

learning it I'm just going to lean on AI

when in reality understanding why things

are the way they are will help you move

forward so much faster later in your

career it might feel like you have to

take a step back because you're spending

all this time on the basics and everyone

else is using AI to do so to get ahead

but I cannot stress enough learn the

basics of whatever role you are in the

foundation okay we've covered what skill

is most in demand in the sense that

employers this isn't something that they

can necessarily put on a resume but they

will see it right away when you are

going to apply for job seeing your

history and background or even your

portfolio they will notice it it's like

this super secret skill but it brings up

a question okay great adaptability

number one skill in demand what skills

are falling by what is that quote the

waist side the waist I what skills are

not in demand let's just go with that

here are some skills some areas that I

believe will not continue to be in

demand the first one is could be go

either way which is specializing in a

single static technology now this could

be argued in saying will Tiff

Specialists are very important and I

agree with you they are but just be

careful there's a fine line where you

become too specialized be specialized if

that is something you're really

interested in but also be able to adapt

by continuing to just at least explore

what else is out there for new

technologies another skill that I think

is at risk of becoming obsolete or at

very least less than demand is having a

narrow focus on technical skills without

a business context and this goes a

little bit to what I was saying earlier

where gone are the days where it's this

huge separation between soft skill

individuals and hard skill individuals

as Tech becomes more accessible that

line gets blurred so if you are a

technical person make sure you are

understanding the business needs as well

and vice versa all right that is it for

today's video I hope you enjoyed this

rather candid video I there was a bit of

it through stats and points I really

wanted to make but I really wanted to

highlight we're going into the fall

school's starting up we're starting to

think of 2025 even though it feels like

far away it's going to come quickly I

think the fall and getting into winter

is typically the best time we are

upskilling learning new things so

whether you are in the tech industry

starting your own company no matter

where you are at being adaptable will

make you stand out and honestly get

ahead I know it might sound cheesy but

I've seen it firsthand from myself and

my peers or colleagues at different

areas I've worked with them different

consulting jobs I've worked everything

like that being open-minded curious and

now more than than ever realizing we

don't know everything and that's okay

that's what we're here to do continue to

learn hopefully together all right I

left some video topics for our next

video down in the comments go vote what

topic do you want me to cover next and

I'll see you all soon thanks everyone oh

and hit the Subscribe button okay bye

[Music]