[Music]
[Applause]
good evening everyone I’m delighted to
be here tonight and looking forward to
talking with you about our changing
world and our changing workforce we’re
embarking on a very interesting time
we’re embarking on the fourth Industrial
Revolution we’re gonna talk tonight a
little bit about what it is that you
need to be thinking about as you prepare
for this next phase of your career and
before we begin what I’d like to do is
introduce you to a dear friend of mine
and her name was Sylvia I met Sylvia
years ago when she was in her mid 90s
and I sent about two years with her and
I would meet with her every week we
would talk about life and how things
were going and what we learned and she
was a super interesting person she was a
ham radio operator so she was born in
the early 1900s and so it was just kind
of a hobby of her she took a Pam radio
and so she would communicate with people
from all over the world and she actually
met her husband that way they began a
dialogue on ham radio I like to think of
her as the really the innovator of
online dating there was no platform at
that time but she found a platform and
they had a great courtship and then they
actually got married and she moved to
China where she raised her family there
and then they came back here later in
their life they saw a need her husband
actually happened to have been at a
grocery store and saw them throwing out
a bunch of really decent and fresh
produce and and bread and wondered why
they were doing that and they said they
had to do it because it was beyond its
expiration date and so I they were the
original dumpster divers actually so
this was like 50 years ago they started
doing this and they would literally go
every night to their local supermarket
and they would pull out of the garbage
can anything that they thought was
salvageable and then they would give it
to those in need
and they did this for quite a long time
and then they developed a quite a large
brigade of people that were doing this
at all different supermarkets all around
the Bay Area here and it eventually led
to what we now know as our Silicon
Valley food banks so she was just like I
said super interesting fascinating woman
and I loved talking to her and I learned
so much from her there was just always a
wealth of information that she would
share and I’d like to offer to you some
of the lessons that I learned and I
think that would be valuable to you as
you think about your next steps in this
in this new workplace that we’re going
to be creating together so these are my
lessons from Sylvia the first is to stay
current
never ever take yourself out of the game
the second is to be curious to always
have a lifelong learning and in a
building of a skill set that you’re
continually doing and then the last is
to integrate and apply to really
constantly build and to grow on what
you’ve already learned to never stay
stagnant so I mentioned that Sylvia was
born in the early you know 1900s and if
you think about what she saw right she
she saw you know the time when
telephones came into being but you
needed an operator to actually make the
call for you
she saw automobiles coming into the you
know the norm and she also saw
electricity the transition right she
went from candles to electricity I used
to laugh I would go to her house and she
and her husband had built this house in
the 1950s and at that time it really
wasn’t this need to plug in every device
than every appliance that we now live
and thrive in so they didn’t even have
an electrical outlet in every room so it
was just a very different kind of thing
that she grew up with but she went
through two industrial revolutions and
so she went through the mass production
and the digital digital revolution and
she saw both of those and what I’d like
to talk about is this fourth Industrial
Revolution that’s coming and that we’re
all going to now be embarking on and you
in the audience many of which are
Millennials are really going to be the
leaders for what that’s going to look
like and so we’re counting on
I’m super excited that you guys are
going to be the leaders because you have
so much to offer so the fourth
Industrial Revolution actually was
presented last year in 2016 by Professor
Klaus Schwab and he’s the founder and
executive chairman of the World Economic
Forum and so he presented this idea that
we are now entering into this fourth
Industrial Revolution and that there’s a
lot of societal and work implications as
a result of that so before we go into
what that is I thought I’d do a little
primer on what Industrial Revolution 1.0
24.0 actually looks like so an
industrial revolution 1.0 was kind of
late 1700s to late 1800s and that was
about mechanization we were moving from
an agrarian rural kind of society to an
industrial urban society and the key
innovation that led to this change and
the shift was a steam engine in the late
1800s to kind of the early to mid 1900s
we had the Second Industrial Revolution
and that was about mass production I’m
sure many of you guys learned that in
school right the assembly line all those
kinds of things
and what really powered that was the
advent of electricity and and the
ability for us to actually do more with
that and some key innovations during
that time were the light bulb the
telephone and the internal combustion
engine and then the third digital
revolution is the digital revolution
which you guys are all very familiar
with and have been participating in and
in the digital revolution that really
started in the 1960s and there’s been a
quite a significant steps in there but
the real key innovations were the
personal computer and to the Internet
and as we think about the fourth
Industrial Revolution which is really
about cyber and physical systems we’re
looking at at building on what the
digital revolution was and in enhancing
that at an alarmingly fast pace and so
those are things like the new
technologies that you’re all aware of
the
of things artificial intelligence
autonomous vehicles 3d printing
nanotechnology and biotechnology and
what we’re going to see in this fourth
digit fourth Industrial Revolution is
we’re going to see technology be more
embedded into social systems and also
into the human body so that’s really the
significant changes there and we know
with each Industrial Revolution there is
a churn in the workforce and there’s a
you know a change that that ends up
happening and if you look to the right
of this diagram you can see the degrees
of complexity required at each of these
transition points between the industrial
revolutions and you can see that that
exponentially the change between the
third and the fourth is pretty
significant and for those of you who are
now thinking about oh gosh you know what
am I gonna do with my life and how am I
going to how am I gonna get ready for
this you need to understand that we are
in a super fast-paced environment right
now and we are going to see like I said
a significant turn in the workforce we
know in the digital economy that we lost
a lot of Labor jobs that jobs that used
to be valued for physical labor really
had a diminished value in in physical
labor the physical paper jobs have
diminished value and we’re going to
start seeing in the fourth Industrial
Revolution that the professional
white-collar jobs are going to now go
through this churn and so things that
are operational or office and
administration are most at risk there
are estimates that up to I don’t know
anywhere between 30 and 60 percent of
these types of jobs can be automated so
machine learning AI blockchain those
kinds of things are going to have those
jobs go away and the estimation is that
five million jobs will go away during
this time but when you really drill down
in those details it’s seven million jobs
that are going to go away in this office
and administration side and there will
be a gain in jobs of about two million
in computer science and technology
and engineering so it’s something for
you to be thinking about as you’re again
thinking about your next steps in life
and kind of where do you want to go for
me I think about this as as a super fun
time to be alive and to see what’s
happening and for those of you that are
Millennials you are perfectly primed and
ready for this you have grown up as
digital natives so how many of you just
as an example in social media how many
of you started your social media career
so to speak on MySpace right so many of
you and how many of you are still there
so you guys all migrated to Facebook and
then you found out that your grandmother
was on Facebook so you’re like I’m off
of that I’m going to Instagram and then
snapchat so you you’re already ready for
this pace you’re all digital natives
from my generation this was a little bit
we’re a little bit slow to catch up but
we’re doing our best but we’re counting
on you guys really to be leading this
next step and I like to think about this
in in terms of jobs as well you I’m sure
heard that the jobs that will be
available in five years don’t exist
today so I have students that come to me
they’re like okay well that scares the
crap out of me
because I don’t know what am I supposed
to study like I don’t know the job
doesn’t exist how do I know so an
example is social media marketing that
job didn’t exist maybe seven or eight
years ago it’s pretty pretty new until
the advent of social media really
becoming in the mainstream which was
around 2010 that job was not something
that you know that anybody did and many
of you in the audience today might
actually be doing that job right now so
you’ll be fine it everything my message
is you’ll be fine everything will will
will fall into place and you’ll be able
to do it but you’re gonna be wanting to
look at the trends so it’ll be able
incumbent upon you to be very agile and
adaptive all right you’re gonna have to
really pay attention to what the trends
are so I would like to share a little
bit about what this means for you in
terms of my lessons from Sylvia so the
first is to stay current you don’t have
the luxury anymore of of not staying
current if you want to stay of
of what is happening in the world my
generation I think we kind of pick and
choose how many of you get phone calls
from your parents or your grandparents
saying hey could you come over and show
me how to use my smart phone or you know
I don’t know how to download this app or
can you help me load pictures onto
Facebook
we all had choices in that right we
could have chosen to stay just as
current as you guys are with technology
but for some reason many of us didn’t
and I remember when I was in my 20s I
would I would look at the people that
were maybe 15 or 20 years ahead of me so
like 35 or 40 and I would think like
okay I’m 20 and I kind of think I’m
pretty hip with you know what the
current fashion is and what the latest
music is and and then I would look at
people that were about 15 or 20 years
ahead of me into things like okay well
how is it that like mom jeans are like
they’re a fashion statement like 20
years later like where did all that
knowledge go that they had because I’m
sure they were cool and hip at one time
too and again it’s about choices and all
of this relates so you will have the
choice as you’re looking to take these
next steps in your life of how you want
to participate so making sure that
you’re current on the latest technology
on the latest business trends on the
latest really the way to spoke about the
future so really encourage you to do
that the second is to be curious and to
really think about your life
as a lifelong journey of learning so I
told you I have students that come to
see me in my office and they’ll ask me
okay well what do you think about this
major like is this the right major and
while it’s super important to get the
right major and to really find something
that you have a passion for and that you
have a skill set for this is just a blip
in your life and you will need to then
go out into the world and continue to
learn you will need to continue to
develop skills and that may or may not
be something related to your career and
it’s not definitely not going to be
something related to your to a grade
that you’re going to get in class so
it’s incumbent upon you to stay current
with your learning I I
think the creativity is something that
you cannot diminish so as you’re looking
to build some skills and really focus on
things I would really encourage you to
think about how can you bring more
creativity in your life
we know that machines are going to be a
very integral part of our or our future
but we know that machines don’t create
innovation humans create innovation and
so staying abreast on on what is most
passionate for you I think is really
important the work I do around
Millennials we know that that you all
are very very passionate and drew talked
about this as well as what’s your why
why are you doing something and for you
in the work environment that’s a super
important piece so the more that you can
sit and nurture and look at holistically
about what is your why what are you
passionate about and how can you bring
that into the world will help you and
will help you succeed in this workforce
the the employers of the future are
looking really for people who can solve
very very complex problems and they’re
looking for critical thinkers who can
bring a new perspective to things so if
you can just keep yourself growing and
developing and staying curious you’ll be
fine and I like the picture of the child
because they think I don’t know how many
of you were around children but I love
seeing children that are around 2 to 4
years old because they have just this
like this thirst and they’re like
sponges for information and they look at
everything as if it’s like the first
time they’ve seen it because it probably
is so it just encourage you to to think
more like a child and to have a new lens
and to see things with fresh eyes and
then the last lesson is this idea of
integrating and applying so I like this
image of this rubberband ball because it
started off as one rubber band and then
there were rubber bands that were added
and added to create this larger larger
spacious set of rubber bands so think
about that in your life too you’re going
to be developing and you’re going to be
adding your skill
you’re gonna be learning things and
you’re also gonna have to take risks
we’re lucky we live here in Silicon
Valley which is which is one of the core
values of the Silicon Valley is
risk-taking so it just really encouraged
you to take risks and if you think about
a rubber band a rubber band can expand
and contract right and at each point
when you expand it there’s a tension
point where you can’t go much further
unless it’s gonna snap and then likewise
when you let go it’ll come back together
so really spend some time and those
tension points I think failure is is a
great thing especially in Silicon Valley
we do celebrate that here but really
take some time to spend in those tension
points to really get yourself connected
to what did I learn how can I adapt and
how can I build from here all right so
again we are in the this tremendous
phase of growth right now the fourth
Industrial Revolution is really unique
because of the scale and the size and
the scope of what is going to take place
and you as Millennials are going to be
the leaders of the future they’re gonna
be 75 million of you in the workforce
and just to give you some perspective
there were 75 million baby boomers so
you’re coming in to really take over the
leadership and do that but there’s gonna
be a lot of you in the workforce so
you’re gonna need to differentiate
yourself and these I like to think of
these three tools as a way for you to be
able to differentiate yourself when I
think back to Sylvia for me she really
stood out right she was something very
different than someone I had met at that
age she was always learning she always
was staying current you could talk to
her about anything and she was always
iterating and applying new things to her
life so encourage you to do the same and
lastly
embrace and engage really think about
how it is that you want to be in this
next phase of what what’s coming you’re
you’re right on the precipice of it
you’re totally acclimated for this
technological pace so embrace it enjoy
it make it fun make it enjoyable and
make it a way of life
[Applause]
[Music]
[Applause]
good evening everyone I’m delighted to
be here tonight and looking forward to
talking with you about our changing
world and our changing workforce we’re
embarking on a very interesting time
we’re embarking on the fourth Industrial
Revolution we’re gonna talk tonight a
little bit about what it is that you
need to be thinking about as you prepare
for this next phase of your career and
before we begin what I’d like to do is
introduce you to a dear friend of mine
and her name was Sylvia I met Sylvia
years ago when she was in her mid 90s
and I sent about two years with her and
I would meet with her every week we
would talk about life and how things
were going and what we learned and she
was a super interesting person she was a
ham radio operator so she was born in
the early 1900s and so it was just kind
of a hobby of her she took a Pam radio
and so she would communicate with people
from all over the world and she actually
met her husband that way they began a
dialogue on ham radio I like to think of
her as the really the innovator of
online dating there was no platform at
that time but she found a platform and
they had a great courtship and then they
actually got married and she moved to
China where she raised her family there
and then they came back here later in
their life they saw a need her husband
actually happened to have been at a
grocery store and saw them throwing out
a bunch of really decent and fresh
produce and and bread and wondered why
they were doing that and they said they
had to do it because it was beyond its
expiration date and so I they were the
original dumpster divers actually so
this was like 50 years ago they started
doing this and they would literally go
every night to their local supermarket
and they would pull out of the garbage
can anything that they thought was
salvageable and then they would give it
to those in need
and they did this for quite a long time
and then they developed a quite a large
brigade of people that were doing this
at all different supermarkets all around
the Bay Area here and it eventually led
to what we now know as our Silicon
Valley food banks so she was just like I
said super interesting fascinating woman
and I loved talking to her and I learned
so much from her there was just always a
wealth of information that she would
share and I’d like to offer to you some
of the lessons that I learned and I
think that would be valuable to you as
you think about your next steps in this
in this new workplace that we’re going
to be creating together so these are my
lessons from Sylvia the first is to stay
current
never ever take yourself out of the game
the second is to be curious to always
have a lifelong learning and in a
building of a skill set that you’re
continually doing and then the last is
to integrate and apply to really
constantly build and to grow on what
you’ve already learned to never stay
stagnant so I mentioned that Sylvia was
born in the early you know 1900s and if
you think about what she saw right she
she saw you know the time when
telephones came into being but you
needed an operator to actually make the
call for you
she saw automobiles coming into the you
know the norm and she also saw
electricity the transition right she
went from candles to electricity I used
to laugh I would go to her house and she
and her husband had built this house in
the 1950s and at that time it really
wasn’t this need to plug in every device
than every appliance that we now live
and thrive in so they didn’t even have
an electrical outlet in every room so it
was just a very different kind of thing
that she grew up with but she went
through two industrial revolutions and
so she went through the mass production
and the digital digital revolution and
she saw both of those and what I’d like
to talk about is this fourth Industrial
Revolution that’s coming and that we’re
all going to now be embarking on and you
in the audience many of which are
Millennials are really going to be the
leaders for what that’s going to look
like and so we’re counting on
I’m super excited that you guys are
going to be the leaders because you have
so much to offer so the fourth
Industrial Revolution actually was
presented last year in 2016 by Professor
Klaus Schwab and he’s the founder and
executive chairman of the World Economic
Forum and so he presented this idea that
we are now entering into this fourth
Industrial Revolution and that there’s a
lot of societal and work implications as
a result of that so before we go into
what that is I thought I’d do a little
primer on what Industrial Revolution 1.0
24.0 actually looks like so an
industrial revolution 1.0 was kind of
late 1700s to late 1800s and that was
about mechanization we were moving from
an agrarian rural kind of society to an
industrial urban society and the key
innovation that led to this change and
the shift was a steam engine in the late
1800s to kind of the early to mid 1900s
we had the Second Industrial Revolution
and that was about mass production I’m
sure many of you guys learned that in
school right the assembly line all those
kinds of things
and what really powered that was the
advent of electricity and and the
ability for us to actually do more with
that and some key innovations during
that time were the light bulb the
telephone and the internal combustion
engine and then the third digital
revolution is the digital revolution
which you guys are all very familiar
with and have been participating in and
in the digital revolution that really
started in the 1960s and there’s been a
quite a significant steps in there but
the real key innovations were the
personal computer and to the Internet
and as we think about the fourth
Industrial Revolution which is really
about cyber and physical systems we’re
looking at at building on what the
digital revolution was and in enhancing
that at an alarmingly fast pace and so
those are things like the new
technologies that you’re all aware of
the
of things artificial intelligence
autonomous vehicles 3d printing
nanotechnology and biotechnology and
what we’re going to see in this fourth
digit fourth Industrial Revolution is
we’re going to see technology be more
embedded into social systems and also
into the human body so that’s really the
significant changes there and we know
with each Industrial Revolution there is
a churn in the workforce and there’s a
you know a change that that ends up
happening and if you look to the right
of this diagram you can see the degrees
of complexity required at each of these
transition points between the industrial
revolutions and you can see that that
exponentially the change between the
third and the fourth is pretty
significant and for those of you who are
now thinking about oh gosh you know what
am I gonna do with my life and how am I
going to how am I gonna get ready for
this you need to understand that we are
in a super fast-paced environment right
now and we are going to see like I said
a significant turn in the workforce we
know in the digital economy that we lost
a lot of Labor jobs that jobs that used
to be valued for physical labor really
had a diminished value in in physical
labor the physical paper jobs have
diminished value and we’re going to
start seeing in the fourth Industrial
Revolution that the professional
white-collar jobs are going to now go
through this churn and so things that
are operational or office and
administration are most at risk there
are estimates that up to I don’t know
anywhere between 30 and 60 percent of
these types of jobs can be automated so
machine learning AI blockchain those
kinds of things are going to have those
jobs go away and the estimation is that
five million jobs will go away during
this time but when you really drill down
in those details it’s seven million jobs
that are going to go away in this office
and administration side and there will
be a gain in jobs of about two million
in computer science and technology
and engineering so it’s something for
you to be thinking about as you’re again
thinking about your next steps in life
and kind of where do you want to go for
me I think about this as as a super fun
time to be alive and to see what’s
happening and for those of you that are
Millennials you are perfectly primed and
ready for this you have grown up as
digital natives so how many of you just
as an example in social media how many
of you started your social media career
so to speak on MySpace right so many of
you and how many of you are still there
so you guys all migrated to Facebook and
then you found out that your grandmother
was on Facebook so you’re like I’m off
of that I’m going to Instagram and then
snapchat so you you’re already ready for
this pace you’re all digital natives
from my generation this was a little bit
we’re a little bit slow to catch up but
we’re doing our best but we’re counting
on you guys really to be leading this
next step and I like to think about this
in in terms of jobs as well you I’m sure
heard that the jobs that will be
available in five years don’t exist
today so I have students that come to me
they’re like okay well that scares the
crap out of me
because I don’t know what am I supposed
to study like I don’t know the job
doesn’t exist how do I know so an
example is social media marketing that
job didn’t exist maybe seven or eight
years ago it’s pretty pretty new until
the advent of social media really
becoming in the mainstream which was
around 2010 that job was not something
that you know that anybody did and many
of you in the audience today might
actually be doing that job right now so
you’ll be fine it everything my message
is you’ll be fine everything will will
will fall into place and you’ll be able
to do it but you’re gonna be wanting to
look at the trends so it’ll be able
incumbent upon you to be very agile and
adaptive all right you’re gonna have to
really pay attention to what the trends
are so I would like to share a little
bit about what this means for you in
terms of my lessons from Sylvia so the
first is to stay current you don’t have
the luxury anymore of of not staying
current if you want to stay of
of what is happening in the world my
generation I think we kind of pick and
choose how many of you get phone calls
from your parents or your grandparents
saying hey could you come over and show
me how to use my smart phone or you know
I don’t know how to download this app or
can you help me load pictures onto
we all had choices in that right we
could have chosen to stay just as
current as you guys are with technology
but for some reason many of us didn’t
and I remember when I was in my 20s I
would I would look at the people that
were maybe 15 or 20 years ahead of me so
like 35 or 40 and I would think like
okay I’m 20 and I kind of think I’m
pretty hip with you know what the
current fashion is and what the latest
music is and and then I would look at
people that were about 15 or 20 years
ahead of me into things like okay well
how is it that like mom jeans are like
they’re a fashion statement like 20
years later like where did all that
knowledge go that they had because I’m
sure they were cool and hip at one time
too and again it’s about choices and all
of this relates so you will have the
choice as you’re looking to take these
next steps in your life of how you want
to participate so making sure that
you’re current on the latest technology
on the latest business trends on the
latest really the way to spoke about the
future so really encourage you to do
that the second is to be curious and to
really think about your life
as a lifelong journey of learning so I
told you I have students that come to
see me in my office and they’ll ask me
okay well what do you think about this
major like is this the right major and
while it’s super important to get the
right major and to really find something
that you have a passion for and that you
have a skill set for this is just a blip
in your life and you will need to then
go out into the world and continue to
learn you will need to continue to
develop skills and that may or may not
be something related to your career and
it’s not definitely not going to be
something related to your to a grade
that you’re going to get in class so
it’s incumbent upon you to stay current
with your learning I I
think the creativity is something that
you cannot diminish so as you’re looking
to build some skills and really focus on
things I would really encourage you to
think about how can you bring more
creativity in your life
we know that machines are going to be a
very integral part of our or our future
but we know that machines don’t create
innovation humans create innovation and
so staying abreast on on what is most
passionate for you I think is really
important the work I do around
Millennials we know that that you all
are very very passionate and drew talked
about this as well as what’s your why
why are you doing something and for you
in the work environment that’s a super
important piece so the more that you can
sit and nurture and look at holistically
about what is your why what are you
passionate about and how can you bring
that into the world will help you and
will help you succeed in this workforce
the the employers of the future are
looking really for people who can solve
very very complex problems and they’re
looking for critical thinkers who can
bring a new perspective to things so if
you can just keep yourself growing and
developing and staying curious you’ll be
fine and I like the picture of the child
because they think I don’t know how many
of you were around children but I love
seeing children that are around 2 to 4
years old because they have just this
like this thirst and they’re like
sponges for information and they look at
everything as if it’s like the first
time they’ve seen it because it probably
is so it just encourage you to to think
more like a child and to have a new lens
and to see things with fresh eyes and
then the last lesson is this idea of
integrating and applying so I like this
image of this rubberband ball because it
started off as one rubber band and then
there were rubber bands that were added
and added to create this larger larger
spacious set of rubber bands so think
about that in your life too you’re going
to be developing and you’re going to be
adding your skill
you’re gonna be learning things and
you’re also gonna have to take risks
we’re lucky we live here in Silicon
Valley which is which is one of the core
values of the Silicon Valley is
risk-taking so it just really encouraged
you to take risks and if you think about
a rubber band a rubber band can expand
and contract right and at each point
when you expand it there’s a tension
point where you can’t go much further
unless it’s gonna snap and then likewise
when you let go it’ll come back together
so really spend some time and those
tension points I think failure is is a
great thing especially in Silicon Valley
we do celebrate that here but really
take some time to spend in those tension
points to really get yourself connected
to what did I learn how can I adapt and
how can I build from here all right so
again we are in the this tremendous
phase of growth right now the fourth
Industrial Revolution is really unique
because of the scale and the size and
the scope of what is going to take place
and you as Millennials are going to be
the leaders of the future they’re gonna
be 75 million of you in the workforce
and just to give you some perspective
there were 75 million baby boomers so
you’re coming in to really take over the
leadership and do that but there’s gonna
be a lot of you in the workforce so
you’re gonna need to differentiate
yourself and these I like to think of
these three tools as a way for you to be
able to differentiate yourself when I
think back to Sylvia for me she really
stood out right she was something very
different than someone I had met at that
age she was always learning she always
was staying current you could talk to
her about anything and she was always
iterating and applying new things to her
life so encourage you to do the same and
lastly
embrace and engage really think about
how it is that you want to be in this
next phase of what what’s coming you’re
you’re right on the precipice of it
you’re totally acclimated for this
technological pace so embrace it enjoy
it make it fun make it enjoyable and
make it a way of life
[Applause]
[Music]
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