New Technology - Career Threat or Opportunity

The Learning versus Doing Gap: Impact of Changing Technology

As 2024 unfolds, the business technology landscape is rapidly evolving. This introduces new challenges and opportunities for graduates, interns, and job seekers in information and communication technology (ICT) and related business fields. Emerging technologies and shifting business models demand a proactive approach from those entering the workforce. So let's explore how this can impact on new graduates and create opportunities, and how the ACS Foundation can play a pivotal role in shaping career outcomes.

The ACS Foundation plays a crucial role in bridging the gap between academia (Learning) and industry (Doing). The Learning vs Doing gap seems to widen each year through the impact of rapidly changing and new technologies, business and governance issues. There are critical steps students and graduates can take to help jump that gap safely and stay ahead of the crowd when looking for their career entry point.

Emerging Technology and Career Impact

Staying up to date on emerging technologies is important when pursuing a career in information technology. New technologies and issues are both opportunities and threats when preparing for a new career. The focus should be to consider those changes that are most relevant to their future employers. Most careers in ICT follow specific stages:

· Exploration and Interest Development

· Formal Education

· Gaining Practical Experience

· Entry-Level Employment

· Professional Development and Specialisation

· Advancement and Leadership

· Long-Term Career Planning and Transition

Once you finish your Formal Education it is the start of your career learning pathway. Gaining experience in deploying, using, controlling and improving your knowledge is essential and a hands on process. Technologies change faster than curriculums so it is important to keep a watchful eye on the new and emerging technologies. Look to those technologies that might influence change in the stages of your career over the next three to five years. What emerging technologies most impact the organisations that you might be working with as a graduate or intern?

There are many technologies that might influence your future. Everything from quantum computing to robotic are impacting future thinking and business dynamics right now. Here are the top five that may impact the next few years and the dynamics of your career.

Artificial Intelligence and Automation: AI continues to transform industries by automating complex tasks, enhancing decision-making, and creating new business models. For graduates, this means a growing demand for skills in AI, machine learning, and data analytics. However, the flip side is that entry-level roles traditionally seen as stepping stones may become automated, pushing graduates to quickly adapt to higher-level tasks.
Cybersecurity: With the increasing frequency and sophistication of cyber threats, cybersecurity remains a top priority for businesses. Graduates must be equipped with a deep understanding of cybersecurity principles, as well as practical experience in mitigating risks. This trend also drives demand for specialised roles in ethical hacking, digital forensics, and security architecture.
Cloud Computing and Edge Computing: The shift towards cloud-based solutions and edge computing is redefining IT infrastructure. For new job seekers, expertise in cloud platforms (like AWS, Azure, and Google Cloud) and edge computing technologies will be crucial. These trends emphasise the need for graduates to be versatile in both centralised and decentralised computing environments.
Blockchain and Decentralised Finance (DeFi): Blockchain technology is moving beyond cryptocurrency, influencing areas like supply chain management, digital identity, and decentralised finance. Graduates with knowledge of blockchain technology, smart contracts, and decentralised applications will find themselves at an advantage in this emerging field.
Sustainability and Green IT: As businesses aim for sustainability, green IT practices are becoming essential. This includes reducing the carbon footprint of IT operations, adopting energy-efficient technologies, and supporting circular economy initiatives. Graduates should be aware of how their technological decisions impact sustainability and be prepared to contribute to green IT strategies. Corporations are required to report on their contributions to reduce CO2 emissions and meet their targets. This will only be possible through collaboration with technology.

The Role of the ACS Foundation

By offering scholarships, internships, and industry placements, the ACS Foundation can help graduates gain the practical experience necessary to navigate these technology trends. Additionally, the Foundation can influence the impact of these trends by:

Advocating for Curricular Updates: Partnering with educational institutions to ensure that curricula reflect the latest industry needs, particularly in emerging areas like AI, cybersecurity, and sustainability.
Providing Continuous Learning Opportunities: Working with our partners in business, industry and education, offering workshops, certifications, and training programs in new technologies to keep graduates and professionals up-to-date with industry advancements.
Fostering Industry Connections: Facilitating networking opportunities between students, graduates, and industry leaders, helping them stay informed about market needs and opportunities.

Five Essential Steps for Students and Graduates

To thrive in the evolving technology landscape, students and graduates should take the following steps:

Develop a Strong Foundation in Emerging Technologies: Focus on gaining a deep understanding of key areas like AI, cloud computing, and cybersecurity. Pursue relevant certifications and practical experience through internships or personal projects.
Engage in Lifelong Learning: Technology evolves rapidly, and staying current is crucial. Engage in continuous learning through online courses, certifications, and industry events to keep your skills sharp.
Cultivate Soft Skills: Technical expertise alone is not enough. Develop strong communication, problem-solving, and teamwork skills. These are essential for collaborating with diverse teams and tackling complex challenges in the workplace.
Build a Professional Network: Leverage platforms like LinkedIn, attend industry events, and participate in professional organisations like the ACS. Networking can open doors to job opportunities and provide valuable insights into industry trends.
Focus on Sustainability and Ethical Practices: As technology professionals, understanding the broader impact of your work is essential. Embrace sustainable practices and stay informed about the ethical implications of new technologies, ensuring that your contributions are responsible and forward-thinking.

Crossing the Learning versus Doing Gap

The “Learning versus Doing Gap” is very real, universities and technical colleges cannot always fully prepare you for entry into your career. The skills that you gain from your tertiary studies are essential. But equally essential are real-world experience and continual study. Success requires an understanding of the technologies and how to apply them today and into the future. Getting the right mixture of learning and doing is essential for success.

The technology trends of 2024 present both challenges and opportunities for ICT and business graduates. By staying informed, continuously updating their skills, and leveraging the resources provided by organisations like the ACS Foundation, graduates can navigate these trends successfully and build rewarding careers. The key is to remain adaptable, proactive, and committed to lifelong learning in a rapidly changing technological landscape.

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