What this means is that to keep up people will have to update their skills at a more rapid pace in the future.
You made a point there that made me to think. Do you know in my country for example, having a bachelors degree is like going to primary school?. Because every one has it. So for people to be competitive, they have to go for a masters programme. And I can say having a masters degree is now as common as air. So the all thing boils down to what addition skill can one add or display. And nowadays youths are adviced to take up some skills that are helpful.