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Future Jobs in the world of Automation

How will automation and AI will impact our jobs.

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Future Jobs in the world of Automation

  1. 1. New Jobs in the era of Automation! Manish Singhal Founding Partner, pi Ventures @manish_saarthi
  2. 2. Is the threat on Jobs something new?
  3. 3. From Horse to Horse Power!
  4. 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. 5. In the past, every “tech revolution” led to creation of more jobs!
  6. 6. So why are we worried now?
  7. 7. Technology Change is Dramatic?
  8. 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. 9. This time Machines are “self operating & managing” unlike in the past which required people to operate them
  10. 10. In the past, unskilled work force could change sectors without “cognitive re- skilling” Now, no option left…
  11. 11. Manufacturing is moving back! Source: fortune.com
  12. 12. May be we are at a cusp of a chasm
  13. 13. What does Future hold for us?
  14. 14. AI impacting all sectors Health Care Finance Logistics Energy
  15. 15. Platforms creating Self Employment
  16. 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. 17. Re-Skilling Needs Source: Fast Company Technology & Computational Thinking Care Giving Social Intelligence Learning & Teaching Business Acumen
  18. 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. 19. How will the farming workforce get impacted with the corporatization & Automation of Agriculture? Open Challenges for India
  20. 20. Will we able to bridge the cognitive skill divide between the large workforce which depends upon “physical” skills? Open Challenges for India
  21. 21. Will be able to transform our educational system to build the new Skills needed? Open Challenges for India
  22. 22. “Do not worry about what automation will do to you, Worry about what You can do with Automation!”
  23. 23. Thank You! Manish Singhal manish@piventures.in @manish_saarthi

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  • SaudMasud

    Feb. 21, 2017
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    Sep. 6, 2017
  • FarahHijazi3

    Jul. 1, 2020

How will automation and AI will impact our jobs.

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