Future Jobs in the world of Automation
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New Jobs in the era of Automation! Manish Singhal Founding Partner, pi Ventures @manish_saarthi
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Transcript of Future Jobs in the world of Automation
New Jobs in the era of Automation!Manish Singhal
Founding Partner, pi Ventures @manish_saarthi
Is the threat on Jobs something new?
From Horse to Horse Power!
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%
In the past, every “tech revolution” led to creation of more jobs!
So why are we worried now?
Technology Change is Dramatic?
Technology Change is Dramatic?
Artificial Intelligence is likely to take
over most routine jobs!
Unlike in the past, this time it
impacts all sectors!
This time Machines are “self operating & managing” unlike in the past which
required people to operate them
In the past, unskilled work force could change sectors without “cognitive re-
skilling”
Now, no option left…
May be we are at a cusp of a chasm
What does Future hold for us?
AI impacting all sectorsHealth Care
Finance Logistics
Energy
Platforms creating Self Employment
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
Re-Skilling Needs
Source: Fast Company
Technology & Computational
Thinking
Care Giving
Social Intelligence
Learning & Teaching
Business Acumen
Re-Skilling Needs
Source: Fast Company
Technology & Computational
Thinking
Care Giving
Social Intelligence
Learning & Teaching
Business AcumenTech / Cognitive
Skills
Human / Judgement
Skills
How will the farming workforce get impacted with the corporatization &
Automation of Agriculture?
Open Challenges for India
Will we able to bridge the cognitive skill divide between the large
workforce which depends upon “physical” skills?
Open Challenges for India
Will be able to transform our educational system to build the new
Skills needed?
Open Challenges for India
“Do not worry about what automation will do to you,
Worry about what You can do with Automation!”
