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Automation AI and Jobs

Automation AI are not only concepts but became near reality. Companies started implementing  newer technology to improve efficiency , to increase productivity . Also tremendous cost reduction in processes and  manpower. The digital era is changing the business models and nature of jobs.  Our current workforce will be not useful for future service demand ? Why , companies are seeing greater shift in requirement of skills in coming years. For eg : block chain, artificial intelligence, data science, Machine learning, content marketing/ SEO, natural language processing, cyber-security etc. They need workforce who can work with intelligent machine or can create them. Creating intelligent machine its human job.These technologies will change scenario of global competition, market share, wealth generation and employment.

Already the warning bells in job markets are ringing. By 2033, says one World Bank Development Report, automation will put 47% of current US jobs at risk. Corresponding figures for other nations are 77% for China, 69% for India and 65% for Argentina.

Autonomous cars , smart technologies at home ( Fridge, CCTV, TV, Kitchen ) will result in direct job losses of drivers, technicians, traffic police, security guards, cleaners & cooks. Small small things will affect due to high level of automation.

There is one more thought to why to train the unemployed for when 85% of the jobs that will exist in 2030 haven’t been invented as yet? The other problem, as the World Economic Forum (WEF) has pointed out, is that the number of new jobs created will not be the same as those lost. The forecast is worrisome. According to a 2016 WEF report titled, ‘The Future of Jobs: Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution’, of the 7.1 million jobs that will be displaced by 2020, only 2.1 million will be created. Labour intensive industries will become the first targets of automation compare to other sectors.

Job seekers have tough time ahead …Its DO or DIE situation. They need to up skill themselves to survive in job market . Their competition is with  intelligent machine which is created by Man.

The solution for this will be lifelong learning and add agility in behavior to become adaptable to changing circumstances and environments. Also become literate in the use of technology.

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Automation AI and Jobs


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