Future Jobs in the world of Automation
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Transcript of Future Jobs in the world of Automation
![Page 1: Future Jobs in the world of Automation](https://reader031.fdocuments.in/reader031/viewer/2022022202/587fe86d1a28ab46228b5cdd/html5/thumbnails/1.jpg)
New Jobs in the era of Automation!Manish Singhal
Founding Partner, pi Ventures @manish_saarthi
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Is the threat on Jobs something new?
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From Horse to Horse Power!
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The Impact of ATMs!
1988 to 2004 Bank Clerks per branch
went from 20 to 13
1988 to 2004 Number of Branches went
up by 43%
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In the past, every “tech revolution” led to creation of more jobs!
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So why are we worried now?
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Technology Change is Dramatic?
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Technology Change is Dramatic?
Artificial Intelligence is likely to take
over most routine jobs!
Unlike in the past, this time it
impacts all sectors!
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This time Machines are “self operating & managing” unlike in the past which
required people to operate them
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In the past, unskilled work force could change sectors without “cognitive re-
skilling”
Now, no option left…
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May be we are at a cusp of a chasm
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What does Future hold for us?
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AI impacting all sectorsHealth Care
Finance Logistics
Energy
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Platforms creating Self Employment
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So what does it mean for us?
Entrepreneurial / Self Employed Opportunities will increase multi-fold
Nature of jobs will change - anything repetitive will tend to get automated
Re-skilling required across the board
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Re-Skilling Needs
Source: Fast Company
Technology & Computational
Thinking
Care Giving
Social Intelligence
Learning & Teaching
Business Acumen
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Re-Skilling Needs
Source: Fast Company
Technology & Computational
Thinking
Care Giving
Social Intelligence
Learning & Teaching
Business AcumenTech / Cognitive
Skills
Human / Judgement
Skills
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How will the farming workforce get impacted with the corporatization &
Automation of Agriculture?
Open Challenges for India
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Will we able to bridge the cognitive skill divide between the large
workforce which depends upon “physical” skills?
Open Challenges for India
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Will be able to transform our educational system to build the new
Skills needed?
Open Challenges for India
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“Do not worry about what automation will do to you,
Worry about what You can do with Automation!”