With AI Integration, Skilled Jobs Will Soon Be in Demand

A study report from the World Economic Forum says that Robots will handle as much as 52 percent of the work tasks by 2025. Notable is that Robot revolution is popularizing at a fast pace all over the world and India is no exception to it. If a recent US-based HfS Research prediction is anything to go by, India’s IT services industry will lose 6.4 lakh “low- skilled” jobs to automation in the next five years, quantifying the extent of the effect it may cause. The question to be asked is if Robots will do everything, what will remain. The countries, who are in enormous pressure to serve employment to growing population, will be heading towards a major socio-economic failure or will they stand up and do something which can, not only increase chances of employment but can generate meaningful employment for the countrymen.

An Indian scientist cum entrepreneur who has been living in Switzerland for a long long time, Dr. Rajendra Kumar Joshi whose ever inspiring journey started from a small town of Dundlod near Jhunjhunu district of Rajasthan went to Europe where he discovered newer medications that served mankind big time. He is one of the Indian industry experts who points at the other side of the coin – the creation of new jobs in large numbers. He was studying European economies for a long long time and found out that these economies did not shatter after World War II just because they were backed by skilled workforce, the students did not only have relevant degrees but were also skilled enough to play a meaningful part in the economic growth of their nations.

While Global Artificial Intelligence market is poised to grow at a CAGR of above 35 percent during the forecast period- between 2015 and 2022, increasing number of AI applications in various industries and increasing adoption of artificial intelligence-enabled products & software tools improving consumer services are some of the factors that are driving the market.

Robot revolution even today contributes 29 percent of the work tasks and as the report titled: “The Future of Jobs 2018” says, it will rise up to 52 percent till 2025 but highly skilled jobs such as sales & marketing, customer service will soon be increasing. Though re-skilling the current workforce in time can help counter this challenge. WEF is based near Geneva where it organizes an annual huddle for business leaders and politicians in Switzerland where this report foresees robots replacing human jobs which can be a threat to those who are not flexible to change with time.

Being a Scientist and an Entrepreneur, Dr. Joshi says that Indians, since the ancient times, have believed in sending their children to Gurukul, which were nothing but schools that used to teach life and war skills to students and today is no different. The only thing to be kept in mind is to keep following the same path. With a right foresight, he established a skill development University by the name of Bhartiya Skill Development University, where the focus is given to jobs that require high precision and skills, such skills which are required to operate most modern machines.