SlideShare ist ein Scribd-Unternehmen logo
1 von 36
Downloaden Sie, um offline zu lesen
Tremors in Job markets and Trifurcation of skill
sets in three decades
(due to Digitisation, Automation, Robotics &
Artificial Intelligence.)
Apr 7 2018
Dr. P. Balasubramanian, Ph.D.

Founder & CEO, Theme Work Analytics, Bangalore
balasubp@gmail.com
IITM BC Alumni Meet *
* An abridged version was presented. Contributions from fellow
alumni T.R.Sankaranarayanan, P.Jayasimha, Shankar Hariharan
and Krishnan Narayanan are acknowledged with gratitude.
Tremors in Job markets and Trifurcation of skill
sets in three decades
Synopsys
Automation, Robotics, Analytics and Artificial Intelligence
based technology solutions have been impacting the job
markets for decades now. These impacts are expected to
multiply manifold in the next three decades when newer
technologies such as Autonomous Vehicles and Blockchain
add to the momentum. Starting with mild tremors in the
coming decade, it is projected that major disruptions are
bound to occur subsequently in job skills and job markets
globally. We explore these trends and then project how India
can sense an opportunity and make best use of it by forming
a smart agenda.
Oshino, Yamanashi Prefecture, Japan
Fanuc Global HQ
This town has a
population of 9000
people and seven times
more robots
Fanuc has self teaching
robots for bin picking.
They are at 90% accuracy
now. No need for
additional coding. AI is
doing it for them.Robots making Robots
It has a 86000 sf
factory with 4 human
workers supervising at
any given time.
Automation and AI
are cascading
IRobot
Google
Touch Bionics
Northrop Grumman
Rethink Robotics
Accuray
Liquid Robotics
Bosch
Qbotix
Prox Dynamics
https://www.fastcompany.com/3026314/the-worlds-
top-10-most-innovative-companies-in-robotics
These firms recruit
human-beings only.
The boundary line in skill sets between humans and AI
devices is getting to be defined sharply.
Industry 4.0
The era of cyber physical systems has
begun already
Decision capabilities of routine tasks can be
fully automated now.
• IoT, IIoT
• Automation, Robotics, Machine Vision, Speech
Recognition
• Identity Mgt, Network Security, Distributed Networks etal
• AI, Machine Learning, Deep Learning, Analytics
• Additive Printing
• GPS, Autonomous Vehicles
• Wearable Technologies
• Blockchain ( Nextgen SC)
Technologies under the hood
Interlocking technologies are accelerating the pace
The era of cyber physical systems has
begun already
Identity
Mgt
Robotics
Network
Security
Sensors
Nano Tech
Machine
Vision
Deep
Learning
Speech
Recog Analytics
NLP
Wearable
Tech
IoT, IIoT
Additive
Printing
Autonom.
Vehicles
Blockchain
Tech
Cloud
Computing
Core and Common Technology developments are fueling
many application areas
GPS
Mobility
Mobility
Technologies Maturity Timeline
2010-20 2030-402020-30
IoT, IIoT
Autonom.
Vehicles
Blockchain
Tech
Analytics
Additive
Printing
Machine
LearningSpeech
Recog
Machine
Vision
Sensors
Wear
Tech
NLP
Artificial
Intelligence
While components of AI would mature within a decade, AI in full form
is projected to be ready after two decades. AV technology with
accelerated development pace is expected to make major impact in
next decade. Blockchain will find its day two decades from now.
These skills sets
are already in
demand now.
They are likely to
become essential
for all analytical
functions across
domains in a
decade.
Tremors in Job markets and Trifurcation of skill
sets in three decades
Interlocking
technologies are
eliminating
factory jobs;
making many
office jobs
redundant.
But creating
millions of new
field jobs
Three technologies with immense potential for impact on
jobs and society are AI, AV and Blockchain.
USA Jobs at High Risks over two decades
Most Vulnerable
Retail Salesperson
Fast food and counter workers
Secretaries & Admin Assistants
Cashiers
Office Clerks
15 million jobs would be lost
by 2025
Least Vulnerable
Registered Nurses
School Teachers
General Managers
Software Developers
First Line Supervisors
Routine physical and cognitive function tasks face the highest risk
of elimination. Jobs with substantive human interaction, coordination
and tech development are projected to grow.
“Jobs Lost, Jobs Gained : Workforce Transitions in a time of Automation “ Mckinsey Global Institute report Dec 2017
Under midpoint scenario for automation
adoption 2016-30 Jobs Lost, Jobs modified
Global
China India
USAGermany
15 % of
work force
= 400m
24 %
9 %16 %
23 %
Transitioning Work Force =75m to 375 m
50m
60 % of the jobs have automation possibility of atleast 30 % of the tasks
A longer term scenario….
The Mckinsey study with a wide scope estimates the
loss of nearly 400 m jobs globally by 2030
Under slow & rapid scenario for automation
adoption 2016-30: New Jobs created
“Jobs Lost, Jobs Gained : Workforce Transitions in a time of Automation“ Mckinsey Global Institute report Dec 2017
New Jobs
Created due to
income growth,
demographic
changes,
technology and
infrastructure
investments
555-890 m
The Mackinsey study projects a Net New Jobs Creation of
90-150 m by 2030
Laboratory Vs Field Jobs in
Photography: Australian Experience
https://theconversation.com/automation-wont-destroy-jobs-but-it-will-change-them-55318 Diagram Credit: Australian Bureau of Statistics, Catalogue Number 6291.0.55.003
Illustration of Change in Job types
The two decades of experience in Australian
photographic job market reveals no net job losses.
Autonomous Vehicles (AV) and their job impact
No of jobs in USA related to driving : 15.5 million
No. of Highway Truck drivers : 3.8 million
Mail Carriers, Fire Fighters, EMC etc : 11.7 million
2015 data from the US Dept of Commerce
No of jobs likely to be eliminated per year : 300,000
Projected direct job loss till 2030 : 1.5 m
Truck driving, warfare related vehicles driving,
hazardous area exploration jobs are in high risk of
elimination
Autonomous Vehicles and their job impact
New Jobs Creation 2016-2030
Mechanics
Roadside Repair Technicians
Warehouse Workers
Vehicle Inspectors
1. Perception Software Engineer
2. Strategic Account Manager
3. Field Service Technician
4. Industrial Engineer
5. Customer Success Field Representative
6. Field Autonomy Engineer
7. Functional Safety Engineer
8. Autonomous Navigation Software Engineer
9. Robotics Engineer
10. Electrical Engineer
Yet sufficient number of new jobs are expected to be
created to absorb all direct job losses. They are field jobs
and tech development jobs.
Blockchain Technology will mature in 15 years and
its impact will be significant in 3 decades.
◆ Accountants and Book Keepers in Financial Institutions
◆ Supply Chain coordinators in Industries
◆ Contract Custodians in Legal fraternities
◆ Certification,Verification functions in the Education Sector
◆ Healthcare record maintenance firms
◆ And numerous intermediaries in many sectors
The technology is yet to mature. It is currently at design
and development stage to sort out issues of transparency,
trust and data crunch efficiency. Hence no major job
losses are projected for the period 2016-2030.
Jobs under threat ( long run)
Instead numerous Tech jobs are likely to be created during the
period of 2016-2030.
In summary…The Global Changes during 2016-30
There won’t be any net
job losses globally
But regional disparities
are bound to happen
The structure and
content of most jobs
would undergo
changes
Large scale retraining
programs have to be
mounted
Human to machine
interaction will be
redefined
Skill sets trifurcation
will begin
The decade of 2030 and beyond
Cyber physical systems become
pervasive – Can we take orders
from machines?
AI embedded systems become
ubiquitous
Job tremors would be visible
across many countries
Painful transition to the new
economy
Massive training and retraining
with new skill sets needed
Periodic retraining on the job
would become the norm
The impact on developed countries would be high since they need to
automate to compensate for shrinking working age population. India on the
other hand would face unique challenges
Good News for India
Net Job Gain is projected over
this period 2016-30
Challenge for India
Massive skills training is
required
Can the Giant wake up and run ?
The Demographic Dividend for
India in three decades
Current Scenario
The population pyramid is giving way to an even distribution
across all age groups in most developed countries. China is
going that way too. But not India.
Changes in structure by 2035
India would be the most populous country in the world. It will
also have a sizeable working age population. China, like
many developed countries will have a large number of senior
citizens.
Birth rate in India would start to decline warping the pyramid
at the bottom. Yet India would continue to have the
demographic advantage.
Changes in structure by 2035
China and most of the developed countries will
have a shrinking working population
They would have a large aged population to be
taken care of with living and healthcare support
India will stand apart in its demographic
characteristics
India can have the advantage of a large
population trained in new age skills to provide
support services globally
India can have the advantage of a large
population trained in new age skills to provide
support services globally but….
Cultural and language barriers would be
formidable to cross while providing these services.
Demand for job and wage protection would
raise its head in every other country thus
tightening the worker migration rules
Hence the challenge for India would be to deliver
these services remotely.
Hence the set of services chosen to be provided
globally need to be low on demand for such skills.
Conceive & Design
Implement & Maintain
Provide Services
The Skill Sets Trifurcation Model
Generic
Products and
Services
Apply at Specific
Client sites
To end
customers
Manufacturing and Services jobs of
the future in any country can be
trifurcated as shown here
The Skill Sets Trifurcation Model
Layer Skill Sets Needed
Employment
Potential
The employment generation potential
differs vastly from one skill level to
another
What role can India play?
Conceive &
Design
Design Thinking,
Conceptualization,
Tech Architecture,
Parametrization, Build
Skills
1X ? ✔
Implement
& Maintain
Domain Knowledge,
Configuring & Testing,
Tech Integration, User
Training
20X ✔ ✔
Provide
Services
System Operation,
Client Liaison,
Coordination, Problem
Solving
400X ✖ ✔
Global Market Local Market
India can build on its Technology
Services skill sets and market advantage
to play a dominant role in the middle
layer globally.
What role can India play?
Conceive &
Design
Design Thinking,
Conceptualization,
Tech Architecture,
Parametrization, Build
Skills
1X ? ✔
Implement
& Maintain
Domain Knowledge,
Configuring & Testing,
Tech Integration, User
Training
20X ✔ ✔
Provide
Services
System Operation,
Client Liaison,
Coordination, Problem
Solving
400X ✖ ✔
Global Market Local Market
India can build on its Technology
Services skill sets and market advantage
to play a dominant role in the middle
layer globally.
What role can India play?
Conceive &
Design
Design Thinking,
Conceptualization,
Tech Architecture,
Parametrization, Build
Skills
1X ? ✔
Implement
& Maintain
Domain Knowledge,
Configuring & Testing,
Tech Integration, User
Training
20X ✔ ✔
Provide
Services
System Operation,
Client Liaison,
Coordination, Problem
Solving
400X ✖ ✔
Global Market Local Market
India needs a higher level of exposure to
global markets and to develop its
entrepreneurial ecosystem to Conceive &
Design Products & Services for the
global markets.
What role can India play?
Conceive &
Design
Design Thinking,
Conceptualization,
Tech Architecture,
Parametrization, Build
Skills
1X ? ✔
Implement
& Maintain
Domain Knowledge,
Configuring & Testing,
Tech Integration, User
Training
20X ✔ ✔
Provide
Services
System Operation,
Client Liaison,
Coordination, Problem
Solving
400X ✖ ✔
Global Market Local Market
Protectionism, Language and Cultural
barriers would by and large limit the
bottom layer jobs to country citizens
What role can India play?
Conceive &
Design
Design Thinking,
Conceptualization,
Tech Architecture,
Parametrization, Build
Skills
1X ? ✔
Implement
& Maintain
Domain Knowledge,
Configuring & Testing,
Tech Integration, User
Training
20X ✔ ✔
Provide
Services
System Operation,
Client Liaison,
Coordination, Problem
Solving
400X ✖ ✔
Global Market Local Market
However all Layers are wide open in local
markets for Indian citizens. They present
immense opportunity for job creation.
Pramit Bhattacharya www.livemint.com 12 Apr 2018
Which are the top sectors that
generate employment in India?
During past 25 years…
Substantial number of jobs
have been created in
construction and other low
end services jobs.
Farming sector has lost
many jobs and mass
migration to urban centres
has taken place,
insufficient growth in
manufacturing sector and
its low competitive
strength in global economy
India’s current
scenario
India’s Challenges for the next three decades
Generate employment in millions
every month
Improve per capita income year on
year to meet growing aspirations
Disperse growing population away
from urban centres; strengthen
rural and suburban economies
Strengthen the manufacturing
base to increase output, improve
quality and enhance export share
Retain the global technology
services lead in coming decades
Build and Leverage tech based
skills to enhance global market
share
Technology can be made best use of to realize the
first four non technical goals stated above
India Agenda, in short, for the next three decades
Build capabilities to be the global
( remote) management and
maintenance service providers for
Products and Services
Build strong and multifaceted
manufacturing sector for local
markets
Create cluster of Smart Cities in
each district of the country
Mastering the new age
technologies is
imperative
Revamping curricula
across all educational
segments
Coordinating the
Policy, Infrastructure
and Enterprise
initiatives
India has to build on these themes and
develop a blue print for action

Weitere ähnliche Inhalte

Was ist angesagt?

Artificial Intelligence and Future of Work
Artificial Intelligence and Future of WorkArtificial Intelligence and Future of Work
Artificial Intelligence and Future of WorkOleksandr Krakovetskyi
 
Can artificial intelligence replace human intelligence
Can artificial intelligence replace human intelligence Can artificial intelligence replace human intelligence
Can artificial intelligence replace human intelligence GuruPriya13
 
Impacts of artificial intelligence on jobs
Impacts of artificial intelligence on jobsImpacts of artificial intelligence on jobs
Impacts of artificial intelligence on jobsKamlawtee Ragoo
 
Future Jobs in the world of Automation
Future Jobs in the world of AutomationFuture Jobs in the world of Automation
Future Jobs in the world of AutomationManish Singhal
 
How Artificial Intelligence is taking over Human Jobs
How Artificial Intelligence is taking over Human JobsHow Artificial Intelligence is taking over Human Jobs
How Artificial Intelligence is taking over Human JobsShradha Jindal
 
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...Bernard Marr
 
The Future of Work
The Future of WorkThe Future of Work
The Future of Workaccenture
 
Artificial Intelligence | Introduction to AI | What is ai?
Artificial Intelligence | Introduction to AI |  What is ai?Artificial Intelligence | Introduction to AI |  What is ai?
Artificial Intelligence | Introduction to AI | What is ai?SumitKumarShukla2
 
Impact of Automation on Jobs
Impact of Automation on JobsImpact of Automation on Jobs
Impact of Automation on JobsYashraj Nigam
 
The Modern Recruiters Guide - LinkedIn
The Modern Recruiters Guide - LinkedInThe Modern Recruiters Guide - LinkedIn
The Modern Recruiters Guide - LinkedInJoseph Gonzalez
 
Artificial Intelligence Presentation
Artificial Intelligence Presentation Artificial Intelligence Presentation
Artificial Intelligence Presentation ayushharkawat
 
Artificial Intelligence ppt
Artificial Intelligence pptArtificial Intelligence ppt
Artificial Intelligence pptMd. Ismail Khan
 
Gig Economy: Agile 'Freelancer' Talent
Gig Economy: Agile 'Freelancer' TalentGig Economy: Agile 'Freelancer' Talent
Gig Economy: Agile 'Freelancer' TalentDr Susan Entwisle
 
Presentation2.pptx
Presentation2.pptxPresentation2.pptx
Presentation2.pptxBobyBhagora
 

Was ist angesagt? (20)

Artificial Intelligence and Future of Work
Artificial Intelligence and Future of WorkArtificial Intelligence and Future of Work
Artificial Intelligence and Future of Work
 
Can artificial intelligence replace human intelligence
Can artificial intelligence replace human intelligence Can artificial intelligence replace human intelligence
Can artificial intelligence replace human intelligence
 
Impacts of artificial intelligence on jobs
Impacts of artificial intelligence on jobsImpacts of artificial intelligence on jobs
Impacts of artificial intelligence on jobs
 
Future Jobs in the world of Automation
Future Jobs in the world of AutomationFuture Jobs in the world of Automation
Future Jobs in the world of Automation
 
How Artificial Intelligence is taking over Human Jobs
How Artificial Intelligence is taking over Human JobsHow Artificial Intelligence is taking over Human Jobs
How Artificial Intelligence is taking over Human Jobs
 
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...
Artificial Intelligence In The Workplace: How AI Is Transforming Your Employe...
 
The Future of Work
The Future of WorkThe Future of Work
The Future of Work
 
Artificial Intelligence | Introduction to AI | What is ai?
Artificial Intelligence | Introduction to AI |  What is ai?Artificial Intelligence | Introduction to AI |  What is ai?
Artificial Intelligence | Introduction to AI | What is ai?
 
Impact of Automation on Jobs
Impact of Automation on JobsImpact of Automation on Jobs
Impact of Automation on Jobs
 
How to Build a Diverse Talent Pipeline
How to Build a Diverse Talent PipelineHow to Build a Diverse Talent Pipeline
How to Build a Diverse Talent Pipeline
 
The Modern Recruiters Guide - LinkedIn
The Modern Recruiters Guide - LinkedInThe Modern Recruiters Guide - LinkedIn
The Modern Recruiters Guide - LinkedIn
 
Artificial Intelligence Presentation
Artificial Intelligence Presentation Artificial Intelligence Presentation
Artificial Intelligence Presentation
 
AI and Future Jobs
AI and Future JobsAI and Future Jobs
AI and Future Jobs
 
Artificial Intelligence ppt
Artificial Intelligence pptArtificial Intelligence ppt
Artificial Intelligence ppt
 
Gig Economy: Agile 'Freelancer' Talent
Gig Economy: Agile 'Freelancer' TalentGig Economy: Agile 'Freelancer' Talent
Gig Economy: Agile 'Freelancer' Talent
 
Artificial Intelligence
Artificial IntelligenceArtificial Intelligence
Artificial Intelligence
 
Artificial intelligence
Artificial intelligenceArtificial intelligence
Artificial intelligence
 
Ethics and AI
Ethics and AIEthics and AI
Ethics and AI
 
Artificial intelligence
Artificial intelligenceArtificial intelligence
Artificial intelligence
 
Presentation2.pptx
Presentation2.pptxPresentation2.pptx
Presentation2.pptx
 

Ähnlich wie Automation, ai and jobs

a National Skill Development Model for India
a National Skill Development Model for Indiaa National Skill Development Model for India
a National Skill Development Model for IndiaParasuram Balasubramanian
 
Siciety 5.0_challenges in Super Smart Society .pptx
Siciety 5.0_challenges in Super Smart Society .pptxSiciety 5.0_challenges in Super Smart Society .pptx
Siciety 5.0_challenges in Super Smart Society .pptxAnilDongre8
 
Escaping the automation led redundancy shaping the Indian IT industry final
Escaping the automation led redundancy shaping the Indian IT industry finalEscaping the automation led redundancy shaping the Indian IT industry final
Escaping the automation led redundancy shaping the Indian IT industry finalRakesh Shukla
 
Upskilling from Software Development to AI
Upskilling from Software Development to AIUpskilling from Software Development to AI
Upskilling from Software Development to AIEdology
 
IRJET- AI the Next Big Intelligent Revolution: And its Impact on the Work...
IRJET-  	  AI the Next Big Intelligent Revolution: And its Impact on the Work...IRJET-  	  AI the Next Big Intelligent Revolution: And its Impact on the Work...
IRJET- AI the Next Big Intelligent Revolution: And its Impact on the Work...IRJET Journal
 
World Economic Forum Tipping Points Report
World Economic Forum Tipping Points ReportWorld Economic Forum Tipping Points Report
World Economic Forum Tipping Points ReportSergey Nazarov
 
Spohrer PHD_ICT_KES 20230316 v10.pptx
Spohrer PHD_ICT_KES 20230316 v10.pptxSpohrer PHD_ICT_KES 20230316 v10.pptx
Spohrer PHD_ICT_KES 20230316 v10.pptxISSIP
 
For INTEL & CMAI - Broadband for Growth- 17 April 2009
For INTEL & CMAI - Broadband for Growth- 17 April 2009For INTEL & CMAI - Broadband for Growth- 17 April 2009
For INTEL & CMAI - Broadband for Growth- 17 April 2009mehulmite
 
Mega Trends Presentation
Mega Trends PresentationMega Trends Presentation
Mega Trends Presentationmeghakhemka
 
hitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insightshitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insightsIngrid Fernandez, PhD
 
hitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insightshitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insightsIngrid Fernandez, PhD
 
Institute of Directors Future of Technology Report
Institute of Directors Future of Technology ReportInstitute of Directors Future of Technology Report
Institute of Directors Future of Technology ReportEd Dodds
 
A green smart digital economy
A green smart digital economyA green smart digital economy
A green smart digital economyDiana Voicu
 
Brno-IESS 20240206 v10 service science ai.pptx
Brno-IESS 20240206 v10 service science ai.pptxBrno-IESS 20240206 v10 service science ai.pptx
Brno-IESS 20240206 v10 service science ai.pptxISSIP
 
20220203 jim spohrer purdue v12
20220203 jim spohrer purdue v1220220203 jim spohrer purdue v12
20220203 jim spohrer purdue v12ISSIP
 
Governança de TI em um mundo cada vez mais hiperconectado
Governança de TI em um mundo cada vez mais hiperconectadoGovernança de TI em um mundo cada vez mais hiperconectado
Governança de TI em um mundo cada vez mais hiperconectadoCezar Taurion
 
Service quality of ‘mobile telecom service provider’
Service quality of ‘mobile telecom service provider’Service quality of ‘mobile telecom service provider’
Service quality of ‘mobile telecom service provider’Shubham Ahirwar
 
DigitLab 20220511 v8.pptx
DigitLab 20220511 v8.pptxDigitLab 20220511 v8.pptx
DigitLab 20220511 v8.pptxISSIP
 

Ähnlich wie Automation, ai and jobs (20)

a National Skill Development Model for India
a National Skill Development Model for Indiaa National Skill Development Model for India
a National Skill Development Model for India
 
What is ongoing in research
What is ongoing in researchWhat is ongoing in research
What is ongoing in research
 
Siciety 5.0_challenges in Super Smart Society .pptx
Siciety 5.0_challenges in Super Smart Society .pptxSiciety 5.0_challenges in Super Smart Society .pptx
Siciety 5.0_challenges in Super Smart Society .pptx
 
Escaping the automation led redundancy shaping the Indian IT industry final
Escaping the automation led redundancy shaping the Indian IT industry finalEscaping the automation led redundancy shaping the Indian IT industry final
Escaping the automation led redundancy shaping the Indian IT industry final
 
Upskilling from Software Development to AI
Upskilling from Software Development to AIUpskilling from Software Development to AI
Upskilling from Software Development to AI
 
IRJET- AI the Next Big Intelligent Revolution: And its Impact on the Work...
IRJET-  	  AI the Next Big Intelligent Revolution: And its Impact on the Work...IRJET-  	  AI the Next Big Intelligent Revolution: And its Impact on the Work...
IRJET- AI the Next Big Intelligent Revolution: And its Impact on the Work...
 
World Economic Forum Tipping Points Report
World Economic Forum Tipping Points ReportWorld Economic Forum Tipping Points Report
World Economic Forum Tipping Points Report
 
Spohrer PHD_ICT_KES 20230316 v10.pptx
Spohrer PHD_ICT_KES 20230316 v10.pptxSpohrer PHD_ICT_KES 20230316 v10.pptx
Spohrer PHD_ICT_KES 20230316 v10.pptx
 
For INTEL & CMAI - Broadband for Growth- 17 April 2009
For INTEL & CMAI - Broadband for Growth- 17 April 2009For INTEL & CMAI - Broadband for Growth- 17 April 2009
For INTEL & CMAI - Broadband for Growth- 17 April 2009
 
Mega Trends Presentation
Mega Trends PresentationMega Trends Presentation
Mega Trends Presentation
 
hitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insightshitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insights
 
hitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insightshitachi-ebook-social-innovation-forbes-insights
hitachi-ebook-social-innovation-forbes-insights
 
Institute of Directors Future of Technology Report
Institute of Directors Future of Technology ReportInstitute of Directors Future of Technology Report
Institute of Directors Future of Technology Report
 
A green smart digital economy
A green smart digital economyA green smart digital economy
A green smart digital economy
 
Brno-IESS 20240206 v10 service science ai.pptx
Brno-IESS 20240206 v10 service science ai.pptxBrno-IESS 20240206 v10 service science ai.pptx
Brno-IESS 20240206 v10 service science ai.pptx
 
20220203 jim spohrer purdue v12
20220203 jim spohrer purdue v1220220203 jim spohrer purdue v12
20220203 jim spohrer purdue v12
 
Governança de TI em um mundo cada vez mais hiperconectado
Governança de TI em um mundo cada vez mais hiperconectadoGovernança de TI em um mundo cada vez mais hiperconectado
Governança de TI em um mundo cada vez mais hiperconectado
 
Generative AI Potential
Generative AI PotentialGenerative AI Potential
Generative AI Potential
 
Service quality of ‘mobile telecom service provider’
Service quality of ‘mobile telecom service provider’Service quality of ‘mobile telecom service provider’
Service quality of ‘mobile telecom service provider’
 
DigitLab 20220511 v8.pptx
DigitLab 20220511 v8.pptxDigitLab 20220511 v8.pptx
DigitLab 20220511 v8.pptx
 

Mehr von Parasuram Balasubramanian

Defining the boundary for AI research in Intelligent Systems Dec 2021
Defining the boundary for AI research in Intelligent Systems Dec  2021Defining the boundary for AI research in Intelligent Systems Dec  2021
Defining the boundary for AI research in Intelligent Systems Dec 2021Parasuram Balasubramanian
 
Commencement Speech on Value of Learning Life Long
Commencement Speech on Value of Learning Life LongCommencement Speech on Value of Learning Life Long
Commencement Speech on Value of Learning Life LongParasuram Balasubramanian
 
Technology innovation to commercial translation
Technology innovation to commercial translationTechnology innovation to commercial translation
Technology innovation to commercial translationParasuram Balasubramanian
 
Digital supply chains and the smart factories
Digital supply chains and the smart factoriesDigital supply chains and the smart factories
Digital supply chains and the smart factoriesParasuram Balasubramanian
 
Artificial intelligence impact on labour and employment
Artificial intelligence  impact on labour and employmentArtificial intelligence  impact on labour and employment
Artificial intelligence impact on labour and employmentParasuram Balasubramanian
 
Adequacy of sample size in population surveys
Adequacy of sample size in population surveysAdequacy of sample size in population surveys
Adequacy of sample size in population surveysParasuram Balasubramanian
 
Indian IT industry_2007 : Genesis and Growth Story
Indian IT industry_2007 : Genesis and Growth StoryIndian IT industry_2007 : Genesis and Growth Story
Indian IT industry_2007 : Genesis and Growth StoryParasuram Balasubramanian
 
Derivatives in global financial supply chains
Derivatives in global financial supply chainsDerivatives in global financial supply chains
Derivatives in global financial supply chainsParasuram Balasubramanian
 

Mehr von Parasuram Balasubramanian (20)

Poverty alleviation in india v2
Poverty alleviation in india v2Poverty alleviation in india v2
Poverty alleviation in india v2
 
Defining the boundary for AI research in Intelligent Systems Dec 2021
Defining the boundary for AI research in Intelligent Systems Dec  2021Defining the boundary for AI research in Intelligent Systems Dec  2021
Defining the boundary for AI research in Intelligent Systems Dec 2021
 
Cross Cultural Decision Making
Cross Cultural Decision MakingCross Cultural Decision Making
Cross Cultural Decision Making
 
Disruptive digital innovations in SCM
Disruptive digital innovations in SCMDisruptive digital innovations in SCM
Disruptive digital innovations in SCM
 
Commencement Speech on Value of Learning Life Long
Commencement Speech on Value of Learning Life LongCommencement Speech on Value of Learning Life Long
Commencement Speech on Value of Learning Life Long
 
Global financial supply chain modeling
Global financial supply chain modelingGlobal financial supply chain modeling
Global financial supply chain modeling
 
Technology innovation to commercial translation
Technology innovation to commercial translationTechnology innovation to commercial translation
Technology innovation to commercial translation
 
Digital supply chains and the smart factories
Digital supply chains and the smart factoriesDigital supply chains and the smart factories
Digital supply chains and the smart factories
 
Innovation in scm
Innovation in scmInnovation in scm
Innovation in scm
 
Artificial intelligence impact on labour and employment
Artificial intelligence  impact on labour and employmentArtificial intelligence  impact on labour and employment
Artificial intelligence impact on labour and employment
 
Soft skills for managing hard choices
Soft skills for managing hard choicesSoft skills for managing hard choices
Soft skills for managing hard choices
 
Technology Transforms your life and career
Technology Transforms your life and careerTechnology Transforms your life and career
Technology Transforms your life and career
 
Industry academia collaboration
Industry academia collaborationIndustry academia collaboration
Industry academia collaboration
 
Adequacy of sample size in population surveys
Adequacy of sample size in population surveysAdequacy of sample size in population surveys
Adequacy of sample size in population surveys
 
Indian IT industry_2007 : Genesis and Growth Story
Indian IT industry_2007 : Genesis and Growth StoryIndian IT industry_2007 : Genesis and Growth Story
Indian IT industry_2007 : Genesis and Growth Story
 
Derivatives in global financial supply chains
Derivatives in global financial supply chainsDerivatives in global financial supply chains
Derivatives in global financial supply chains
 
Modeling HRM in IT Services Firms
Modeling HRM in IT Services FirmsModeling HRM in IT Services Firms
Modeling HRM in IT Services Firms
 
Managing Application Software Maintenance
Managing Application Software MaintenanceManaging Application Software Maintenance
Managing Application Software Maintenance
 
Business Analytics Pitfalls
Business Analytics PitfallsBusiness Analytics Pitfalls
Business Analytics Pitfalls
 
Make in India & Make for India
Make in India & Make for IndiaMake in India & Make for India
Make in India & Make for India
 

Kürzlich hochgeladen

LESSON O1_The Meaning and Importance of MICE.pdf
LESSON O1_The Meaning and Importance of MICE.pdfLESSON O1_The Meaning and Importance of MICE.pdf
LESSON O1_The Meaning and Importance of MICE.pdf0471992maroyal
 
定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一
定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一
定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一lvtagr7
 
定制英国克兰菲尔德大学毕业证成绩单原版一比一
定制英国克兰菲尔德大学毕业证成绩单原版一比一定制英国克兰菲尔德大学毕业证成绩单原版一比一
定制英国克兰菲尔德大学毕业证成绩单原版一比一z zzz
 
定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一
定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一
定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一z xss
 
Graduate Trainee Officer Job in Bank Al Habib 2024.docx
Graduate Trainee Officer Job in Bank Al Habib 2024.docxGraduate Trainee Officer Job in Bank Al Habib 2024.docx
Graduate Trainee Officer Job in Bank Al Habib 2024.docxJobs Finder Hub
 
Escort Service Andheri WhatsApp:+91-9833363713
Escort Service Andheri WhatsApp:+91-9833363713Escort Service Andheri WhatsApp:+91-9833363713
Escort Service Andheri WhatsApp:+91-9833363713Riya Pathan
 
Kindergarten-DLL-MELC-Q3-Week 2 asf.docx
Kindergarten-DLL-MELC-Q3-Week 2 asf.docxKindergarten-DLL-MELC-Q3-Week 2 asf.docx
Kindergarten-DLL-MELC-Q3-Week 2 asf.docxLesterJayAquino
 
办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样
办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样
办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样umasea
 
MIdterm Review International Trade.pptx review
MIdterm Review International Trade.pptx reviewMIdterm Review International Trade.pptx review
MIdterm Review International Trade.pptx reviewSheldon Byron
 
办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一
办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一
办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一A SSS
 
LinkedIn Strategic Guidelines April 2024
LinkedIn Strategic Guidelines April 2024LinkedIn Strategic Guidelines April 2024
LinkedIn Strategic Guidelines April 2024Bruce Bennett
 
Digital Marketing Training Institute in Mohali, India
Digital Marketing Training Institute in Mohali, IndiaDigital Marketing Training Institute in Mohali, India
Digital Marketing Training Institute in Mohali, IndiaDigital Discovery Institute
 
办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一
办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一
办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一A SSS
 
8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCR
8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCR8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCR
8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCRdollysharma2066
 
Ioannis Tzachristas Self-Presentation for MBA.pdf
Ioannis Tzachristas Self-Presentation for MBA.pdfIoannis Tzachristas Self-Presentation for MBA.pdf
Ioannis Tzachristas Self-Presentation for MBA.pdfjtzach
 
定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一
 定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一 定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一
定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一Fs sss
 
办理哈珀亚当斯大学学院毕业证书文凭学位证书
办理哈珀亚当斯大学学院毕业证书文凭学位证书办理哈珀亚当斯大学学院毕业证书文凭学位证书
办理哈珀亚当斯大学学院毕业证书文凭学位证书saphesg8
 
Storytelling, Ethics and Workflow in Documentary Photography
Storytelling, Ethics and Workflow in Documentary PhotographyStorytelling, Ethics and Workflow in Documentary Photography
Storytelling, Ethics and Workflow in Documentary PhotographyOrtega Alikwe
 
办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一
办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一
办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一F La
 
do's and don'ts in Telephone Interview of Job
do's and don'ts in Telephone Interview of Jobdo's and don'ts in Telephone Interview of Job
do's and don'ts in Telephone Interview of JobRemote DBA Services
 

Kürzlich hochgeladen (20)

LESSON O1_The Meaning and Importance of MICE.pdf
LESSON O1_The Meaning and Importance of MICE.pdfLESSON O1_The Meaning and Importance of MICE.pdf
LESSON O1_The Meaning and Importance of MICE.pdf
 
定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一
定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一
定制(UQ毕业证书)澳洲昆士兰大学毕业证成绩单原版一比一
 
定制英国克兰菲尔德大学毕业证成绩单原版一比一
定制英国克兰菲尔德大学毕业证成绩单原版一比一定制英国克兰菲尔德大学毕业证成绩单原版一比一
定制英国克兰菲尔德大学毕业证成绩单原版一比一
 
定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一
定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一
定制(SCU毕业证书)南十字星大学毕业证成绩单原版一比一
 
Graduate Trainee Officer Job in Bank Al Habib 2024.docx
Graduate Trainee Officer Job in Bank Al Habib 2024.docxGraduate Trainee Officer Job in Bank Al Habib 2024.docx
Graduate Trainee Officer Job in Bank Al Habib 2024.docx
 
Escort Service Andheri WhatsApp:+91-9833363713
Escort Service Andheri WhatsApp:+91-9833363713Escort Service Andheri WhatsApp:+91-9833363713
Escort Service Andheri WhatsApp:+91-9833363713
 
Kindergarten-DLL-MELC-Q3-Week 2 asf.docx
Kindergarten-DLL-MELC-Q3-Week 2 asf.docxKindergarten-DLL-MELC-Q3-Week 2 asf.docx
Kindergarten-DLL-MELC-Q3-Week 2 asf.docx
 
办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样
办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样
办理学位证(纽伦堡大学文凭证书)纽伦堡大学毕业证成绩单原版一模一样
 
MIdterm Review International Trade.pptx review
MIdterm Review International Trade.pptx reviewMIdterm Review International Trade.pptx review
MIdterm Review International Trade.pptx review
 
办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一
办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一
办理学位证(UoM证书)北安普顿大学毕业证成绩单原版一比一
 
LinkedIn Strategic Guidelines April 2024
LinkedIn Strategic Guidelines April 2024LinkedIn Strategic Guidelines April 2024
LinkedIn Strategic Guidelines April 2024
 
Digital Marketing Training Institute in Mohali, India
Digital Marketing Training Institute in Mohali, IndiaDigital Marketing Training Institute in Mohali, India
Digital Marketing Training Institute in Mohali, India
 
办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一
办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一
办理学位证(Massey证书)新西兰梅西大学毕业证成绩单原版一比一
 
8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCR
8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCR8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCR
8377877756 Full Enjoy @24/7 Call Girls in Pitampura Delhi NCR
 
Ioannis Tzachristas Self-Presentation for MBA.pdf
Ioannis Tzachristas Self-Presentation for MBA.pdfIoannis Tzachristas Self-Presentation for MBA.pdf
Ioannis Tzachristas Self-Presentation for MBA.pdf
 
定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一
 定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一 定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一
定制(UOIT学位证)加拿大安大略理工大学毕业证成绩单原版一比一
 
办理哈珀亚当斯大学学院毕业证书文凭学位证书
办理哈珀亚当斯大学学院毕业证书文凭学位证书办理哈珀亚当斯大学学院毕业证书文凭学位证书
办理哈珀亚当斯大学学院毕业证书文凭学位证书
 
Storytelling, Ethics and Workflow in Documentary Photography
Storytelling, Ethics and Workflow in Documentary PhotographyStorytelling, Ethics and Workflow in Documentary Photography
Storytelling, Ethics and Workflow in Documentary Photography
 
办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一
办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一
办理(NUS毕业证书)新加坡国立大学毕业证成绩单原版一比一
 
do's and don'ts in Telephone Interview of Job
do's and don'ts in Telephone Interview of Jobdo's and don'ts in Telephone Interview of Job
do's and don'ts in Telephone Interview of Job
 

Automation, ai and jobs

  • 1. Tremors in Job markets and Trifurcation of skill sets in three decades (due to Digitisation, Automation, Robotics & Artificial Intelligence.) Apr 7 2018 Dr. P. Balasubramanian, Ph.D.
 Founder & CEO, Theme Work Analytics, Bangalore balasubp@gmail.com IITM BC Alumni Meet * * An abridged version was presented. Contributions from fellow alumni T.R.Sankaranarayanan, P.Jayasimha, Shankar Hariharan and Krishnan Narayanan are acknowledged with gratitude.
  • 2. Tremors in Job markets and Trifurcation of skill sets in three decades Synopsys Automation, Robotics, Analytics and Artificial Intelligence based technology solutions have been impacting the job markets for decades now. These impacts are expected to multiply manifold in the next three decades when newer technologies such as Autonomous Vehicles and Blockchain add to the momentum. Starting with mild tremors in the coming decade, it is projected that major disruptions are bound to occur subsequently in job skills and job markets globally. We explore these trends and then project how India can sense an opportunity and make best use of it by forming a smart agenda.
  • 3. Oshino, Yamanashi Prefecture, Japan Fanuc Global HQ This town has a population of 9000 people and seven times more robots Fanuc has self teaching robots for bin picking. They are at 90% accuracy now. No need for additional coding. AI is doing it for them.Robots making Robots It has a 86000 sf factory with 4 human workers supervising at any given time. Automation and AI are cascading
  • 4. IRobot Google Touch Bionics Northrop Grumman Rethink Robotics Accuray Liquid Robotics Bosch Qbotix Prox Dynamics https://www.fastcompany.com/3026314/the-worlds- top-10-most-innovative-companies-in-robotics These firms recruit human-beings only. The boundary line in skill sets between humans and AI devices is getting to be defined sharply.
  • 5. Industry 4.0 The era of cyber physical systems has begun already Decision capabilities of routine tasks can be fully automated now.
  • 6. • IoT, IIoT • Automation, Robotics, Machine Vision, Speech Recognition • Identity Mgt, Network Security, Distributed Networks etal • AI, Machine Learning, Deep Learning, Analytics • Additive Printing • GPS, Autonomous Vehicles • Wearable Technologies • Blockchain ( Nextgen SC) Technologies under the hood Interlocking technologies are accelerating the pace The era of cyber physical systems has begun already
  • 7. Identity Mgt Robotics Network Security Sensors Nano Tech Machine Vision Deep Learning Speech Recog Analytics NLP Wearable Tech IoT, IIoT Additive Printing Autonom. Vehicles Blockchain Tech Cloud Computing Core and Common Technology developments are fueling many application areas GPS Mobility Mobility
  • 8. Technologies Maturity Timeline 2010-20 2030-402020-30 IoT, IIoT Autonom. Vehicles Blockchain Tech Analytics Additive Printing Machine LearningSpeech Recog Machine Vision Sensors Wear Tech NLP Artificial Intelligence While components of AI would mature within a decade, AI in full form is projected to be ready after two decades. AV technology with accelerated development pace is expected to make major impact in next decade. Blockchain will find its day two decades from now.
  • 9. These skills sets are already in demand now. They are likely to become essential for all analytical functions across domains in a decade.
  • 10. Tremors in Job markets and Trifurcation of skill sets in three decades Interlocking technologies are eliminating factory jobs; making many office jobs redundant. But creating millions of new field jobs Three technologies with immense potential for impact on jobs and society are AI, AV and Blockchain.
  • 11. USA Jobs at High Risks over two decades Most Vulnerable Retail Salesperson Fast food and counter workers Secretaries & Admin Assistants Cashiers Office Clerks 15 million jobs would be lost by 2025 Least Vulnerable Registered Nurses School Teachers General Managers Software Developers First Line Supervisors Routine physical and cognitive function tasks face the highest risk of elimination. Jobs with substantive human interaction, coordination and tech development are projected to grow.
  • 12. “Jobs Lost, Jobs Gained : Workforce Transitions in a time of Automation “ Mckinsey Global Institute report Dec 2017 Under midpoint scenario for automation adoption 2016-30 Jobs Lost, Jobs modified Global China India USAGermany 15 % of work force = 400m 24 % 9 %16 % 23 % Transitioning Work Force =75m to 375 m 50m 60 % of the jobs have automation possibility of atleast 30 % of the tasks A longer term scenario…. The Mckinsey study with a wide scope estimates the loss of nearly 400 m jobs globally by 2030
  • 13. Under slow & rapid scenario for automation adoption 2016-30: New Jobs created “Jobs Lost, Jobs Gained : Workforce Transitions in a time of Automation“ Mckinsey Global Institute report Dec 2017 New Jobs Created due to income growth, demographic changes, technology and infrastructure investments 555-890 m The Mackinsey study projects a Net New Jobs Creation of 90-150 m by 2030
  • 14. Laboratory Vs Field Jobs in Photography: Australian Experience https://theconversation.com/automation-wont-destroy-jobs-but-it-will-change-them-55318 Diagram Credit: Australian Bureau of Statistics, Catalogue Number 6291.0.55.003 Illustration of Change in Job types The two decades of experience in Australian photographic job market reveals no net job losses.
  • 15. Autonomous Vehicles (AV) and their job impact No of jobs in USA related to driving : 15.5 million No. of Highway Truck drivers : 3.8 million Mail Carriers, Fire Fighters, EMC etc : 11.7 million 2015 data from the US Dept of Commerce No of jobs likely to be eliminated per year : 300,000 Projected direct job loss till 2030 : 1.5 m Truck driving, warfare related vehicles driving, hazardous area exploration jobs are in high risk of elimination
  • 16. Autonomous Vehicles and their job impact New Jobs Creation 2016-2030 Mechanics Roadside Repair Technicians Warehouse Workers Vehicle Inspectors 1. Perception Software Engineer 2. Strategic Account Manager 3. Field Service Technician 4. Industrial Engineer 5. Customer Success Field Representative 6. Field Autonomy Engineer 7. Functional Safety Engineer 8. Autonomous Navigation Software Engineer 9. Robotics Engineer 10. Electrical Engineer Yet sufficient number of new jobs are expected to be created to absorb all direct job losses. They are field jobs and tech development jobs.
  • 17. Blockchain Technology will mature in 15 years and its impact will be significant in 3 decades. ◆ Accountants and Book Keepers in Financial Institutions ◆ Supply Chain coordinators in Industries ◆ Contract Custodians in Legal fraternities ◆ Certification,Verification functions in the Education Sector ◆ Healthcare record maintenance firms ◆ And numerous intermediaries in many sectors The technology is yet to mature. It is currently at design and development stage to sort out issues of transparency, trust and data crunch efficiency. Hence no major job losses are projected for the period 2016-2030. Jobs under threat ( long run) Instead numerous Tech jobs are likely to be created during the period of 2016-2030.
  • 18. In summary…The Global Changes during 2016-30 There won’t be any net job losses globally But regional disparities are bound to happen The structure and content of most jobs would undergo changes Large scale retraining programs have to be mounted Human to machine interaction will be redefined Skill sets trifurcation will begin
  • 19. The decade of 2030 and beyond Cyber physical systems become pervasive – Can we take orders from machines? AI embedded systems become ubiquitous Job tremors would be visible across many countries Painful transition to the new economy Massive training and retraining with new skill sets needed Periodic retraining on the job would become the norm The impact on developed countries would be high since they need to automate to compensate for shrinking working age population. India on the other hand would face unique challenges
  • 20. Good News for India Net Job Gain is projected over this period 2016-30 Challenge for India Massive skills training is required Can the Giant wake up and run ?
  • 21. The Demographic Dividend for India in three decades
  • 22. Current Scenario The population pyramid is giving way to an even distribution across all age groups in most developed countries. China is going that way too. But not India.
  • 23. Changes in structure by 2035 India would be the most populous country in the world. It will also have a sizeable working age population. China, like many developed countries will have a large number of senior citizens.
  • 24. Birth rate in India would start to decline warping the pyramid at the bottom. Yet India would continue to have the demographic advantage. Changes in structure by 2035
  • 25. China and most of the developed countries will have a shrinking working population They would have a large aged population to be taken care of with living and healthcare support India will stand apart in its demographic characteristics India can have the advantage of a large population trained in new age skills to provide support services globally
  • 26. India can have the advantage of a large population trained in new age skills to provide support services globally but…. Cultural and language barriers would be formidable to cross while providing these services. Demand for job and wage protection would raise its head in every other country thus tightening the worker migration rules Hence the challenge for India would be to deliver these services remotely. Hence the set of services chosen to be provided globally need to be low on demand for such skills.
  • 27. Conceive & Design Implement & Maintain Provide Services The Skill Sets Trifurcation Model Generic Products and Services Apply at Specific Client sites To end customers Manufacturing and Services jobs of the future in any country can be trifurcated as shown here
  • 28. The Skill Sets Trifurcation Model Layer Skill Sets Needed Employment Potential The employment generation potential differs vastly from one skill level to another
  • 29. What role can India play? Conceive & Design Design Thinking, Conceptualization, Tech Architecture, Parametrization, Build Skills 1X ? ✔ Implement & Maintain Domain Knowledge, Configuring & Testing, Tech Integration, User Training 20X ✔ ✔ Provide Services System Operation, Client Liaison, Coordination, Problem Solving 400X ✖ ✔ Global Market Local Market India can build on its Technology Services skill sets and market advantage to play a dominant role in the middle layer globally.
  • 30. What role can India play? Conceive & Design Design Thinking, Conceptualization, Tech Architecture, Parametrization, Build Skills 1X ? ✔ Implement & Maintain Domain Knowledge, Configuring & Testing, Tech Integration, User Training 20X ✔ ✔ Provide Services System Operation, Client Liaison, Coordination, Problem Solving 400X ✖ ✔ Global Market Local Market India can build on its Technology Services skill sets and market advantage to play a dominant role in the middle layer globally.
  • 31. What role can India play? Conceive & Design Design Thinking, Conceptualization, Tech Architecture, Parametrization, Build Skills 1X ? ✔ Implement & Maintain Domain Knowledge, Configuring & Testing, Tech Integration, User Training 20X ✔ ✔ Provide Services System Operation, Client Liaison, Coordination, Problem Solving 400X ✖ ✔ Global Market Local Market India needs a higher level of exposure to global markets and to develop its entrepreneurial ecosystem to Conceive & Design Products & Services for the global markets.
  • 32. What role can India play? Conceive & Design Design Thinking, Conceptualization, Tech Architecture, Parametrization, Build Skills 1X ? ✔ Implement & Maintain Domain Knowledge, Configuring & Testing, Tech Integration, User Training 20X ✔ ✔ Provide Services System Operation, Client Liaison, Coordination, Problem Solving 400X ✖ ✔ Global Market Local Market Protectionism, Language and Cultural barriers would by and large limit the bottom layer jobs to country citizens
  • 33. What role can India play? Conceive & Design Design Thinking, Conceptualization, Tech Architecture, Parametrization, Build Skills 1X ? ✔ Implement & Maintain Domain Knowledge, Configuring & Testing, Tech Integration, User Training 20X ✔ ✔ Provide Services System Operation, Client Liaison, Coordination, Problem Solving 400X ✖ ✔ Global Market Local Market However all Layers are wide open in local markets for Indian citizens. They present immense opportunity for job creation.
  • 34. Pramit Bhattacharya www.livemint.com 12 Apr 2018 Which are the top sectors that generate employment in India? During past 25 years… Substantial number of jobs have been created in construction and other low end services jobs. Farming sector has lost many jobs and mass migration to urban centres has taken place, insufficient growth in manufacturing sector and its low competitive strength in global economy India’s current scenario
  • 35. India’s Challenges for the next three decades Generate employment in millions every month Improve per capita income year on year to meet growing aspirations Disperse growing population away from urban centres; strengthen rural and suburban economies Strengthen the manufacturing base to increase output, improve quality and enhance export share Retain the global technology services lead in coming decades Build and Leverage tech based skills to enhance global market share Technology can be made best use of to realize the first four non technical goals stated above
  • 36. India Agenda, in short, for the next three decades Build capabilities to be the global ( remote) management and maintenance service providers for Products and Services Build strong and multifaceted manufacturing sector for local markets Create cluster of Smart Cities in each district of the country Mastering the new age technologies is imperative Revamping curricula across all educational segments Coordinating the Policy, Infrastructure and Enterprise initiatives India has to build on these themes and develop a blue print for action