TLDR: HR faces challenges from digital transformation, requiring skills orchestration over cost. Talent is shifting from Global North to decentralized hubs in the South/East. Effective Digital Capacity (EDC) metrics are essential as 40% of tech skills will be obsolete by 2027. Emerging Tier-2 cities increase competitiveness, while talent gaps grow, particularly in cybersecurity. AI transforms job roles, fostering human-machine collaboration. Companies must adapt from wage models to skill-based compensation and move towards a polycentric talent strategy to remain relevant by 2030.
https://draup.com/talent/data-books/economics-of-skills-ai-augmentation