Future Jobs in the world of Automation
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This document discusses how automation and artificial intelligence will impact jobs. It notes that while previous technological revolutions led to more jobs, this time AI is likely to take over most routine jobs across all sectors. Machines are now self-operating rather than requiring human operation. People will need cognitive reskilling rather than just changing sectors. Entrepreneurial and self-employed opportunities will increase significantly as the nature of jobs changes. Reskilling will be required across fields like technology, caregiving, social skills, teaching, and business. India faces challenges in bridging cognitive skills divides and transforming its education system to build new skills.
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Future Jobs in the world of Automation
- 1. New Jobs in the era of Automation! Manish Singhal Founding Partner, pi Ventures @manish_saarthi
- 2. Is the threat on Jobs something new?
- 3. From Horse to Horse Power!
- 4. 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%
- 5. In the past, every “tech revolution” led to creation of more jobs!
- 6. So why are we worried now?
- 7. Technology Change is Dramatic?
- 8. Technology Change is Dramatic? Artificial Intelligence is likely to take over most routine jobs! Unlike in the past, this time it impacts all sectors!
- 9. This time Machines are “self operating & managing” unlike in the past which required people to operate them
- 10. In the past, unskilled work force could change sectors without “cognitive re- skilling” Now, no option left…
- 11. Manufacturing is moving back! Source: fortune.com
- 12. May be we are at a cusp of a chasm
- 13. What does Future hold for us?
- 14. AI impacting all sectors Health Care Finance Logistics Energy
- 15. Platforms creating Self Employment
- 16. 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
- 17. Re-Skilling Needs Source: Fast Company Technology & Computational Thinking Care Giving Social Intelligence Learning & Teaching Business Acumen
- 18. Re-Skilling Needs Source: Fast Company Technology & Computational Thinking Care Giving Social Intelligence Learning & Teaching Business Acumen Tech / Cognitive Skills Human / Judgement Skills
- 19. How will the farming workforce get impacted with the corporatization & Automation of Agriculture? Open Challenges for India
- 20. Will we able to bridge the cognitive skill divide between the large workforce which depends upon “physical” skills? Open Challenges for India
- 21. Will be able to transform our educational system to build the new Skills needed? Open Challenges for India
- 22. “Do not worry about what automation will do to you, Worry about what You can do with Automation!”