The Impact of Automation on present Employees and young graduates


The anxiety of job loss is palpable for several employees from across the industries. Robots, Deep learning, Artificial intelligence has rapidly matured in taking care of most of the work performed by millions of Software engineers or white/blue collar workers.  Automotive and auto parts, electrical and electronic parts, business process outsourcing, textile, clothing and footwear  and retail are some of the industries that already are seeing loss of millions of jobs.

Most of the Banks, financial institutes, brokerage firms  will face closure due to rapid adoption of cryptocurrencies https://en.wikipedia.org/wiki/Cryptocurrency such as Bitcoin which will affect millions of graduates/MBA’s  wanting to work in financial sector.

There are driver less cars, deep machine learning techniques which can accurately predict diseases (Doctors are you reading this?) and provide medical advices are some examples of how deep the impact will be.

Modern machines, Robots, sensors, Software can now not only do manual routine tasks but also do work that requires cognitive intelligence.

As a result a highly trained radiologist or a specialized software engineer in a company is in danger of being replaced by a Computer software or a Robot that have the cognitive capabilities and can work consistently.

According to a World economic forum report “current trends could lead to a net employment impact of more than 5.1 million jobs lost to disruptive labour market changes over the period 2015–2020, with a total loss of 7.1 million jobs—two thirds of which are concentrated in the Office and Administrative job family” Source:  http://www3.weforum.org/docs/WEF_Future_of_Jobs.pdf

Due to rapid and wide spread automation, AI, Deep learning and Robots replacing humans,  there will be no requirement of software engineers who are just specialists in any core technologies such as JAVA, Web or RDBMS. Rapid maturity of the above mentioned technologies will have the following impact on employment, present jobs and future jobs.

  1. Around 56% of jobs in industries such as Logistics, Healthcare, banking, transportation etc. in areas HR, Services, deliveries, finance, IT,  middle management jobs (supervisors, managers, Software engineers, clerks, tax experts, bank clerks etc. ) are automated and employment in this areas will be dwindling rapidly.
  2. Other areas of job loss will be are hotels and restaurants (80.7 per cent), wholesale and retail trade (77.5 per cent), construction (70.8 per cent) and manufacturing (61.6 per cent). Source : http://www.ilo.org/global/lang–en/index.htm
  1. By year 2020 employees will be working with Robots and other intelligent machines as colleagues and they have to take orders from machines to fulfill the remaining work that is not already replaced by the machines.
  2. There will be a situation in many companies, where humans will not be able to get jobs and only robots handle entire company operations. One such live example is Dyson’s automated Singapore plant where 55 robots do all the work that is done by 100’s of engineers. https://www.fastcodesign.com/1671939/dysons-80-million-new-factory-dedicated-to-its-most-unsung-invention
  3. Infosys an Indian IT giant plans to embrace automation and artificial intelligence, besides other newer technologies. Post-automation of certain operations, Wipro is already in the process re skilling 4500 employees for new technologies.
  4. Few and few companies will visit Universities and colleges for recruiting students (NO MORE CAMPUS Recruitment)  and there is no choice for universities and colleges but to rapidly adopt to changing business needs and adopt to new skills and teach students the same. Otherwise they will be producing huge numbers of Un employed youth that will have a cascading effect on industry and the country’s growth prospects.

Suggestions for Universities, educational institutes, Schools and other skills imparting institutes.

  1. Employees, Students should have the mindset for New skills adaptation and they should always be willing to be learning constantly based on the business needs.
  2. Change the ratio of teaching staff to include Industry experts in the proportion of 60% academic and 40% Industry experts in universities, colleges and schools and make faculty accountable of what skills they impart to students and reward only those who make students acceptable by industry.
  3. Avoid recognizing Marks as the parameter of students success in academics and recognize and reward special skills , creativity shown by students. Allow industry experts to teach students ‘Creativity , innovation and change” and make it mandatory for students to prove they are learning this vital skills.
  4. Eliminate class rooms and replace with Practical labs. Embrace online MOOC classes https://en.wikipedia.org/wiki/Massive_open_online_course  and make students to pass the courses designed by industry and academic experts.
  5. Ask students to solve society’s or industry’s problems as part of school, college project submissions. Indian Government as part of engaging citizens has shared some challenges with rewards. Check details here https://www.mygov.in/  BTW i participate in some of the challenges.
  6. Change syllabus to include what industry will be needing in coming years. Be Proactive in knowing the skills needed in next 5 to 10 years rather than reactive in teaching present skills needed.  There is a huge requirement for software and hardware security experts by 2020. A report from Frost & Sullivan and (ISC)2 found that the global cybersecurity workforce will have more than 1.5 million unfilled positions by 2020. But the security industry is a fast-growing market.  More details on this report is here. http://blog.isc2.org/isc2_blog/2015/04/isc-study-workforce-shortfall-due-to-hiring-difficulties-despite-rising-salaries-increased-budgets-a.html
  7. For those who are working in Software industry or any other sector here is my advice.  Visualize yourselves working with robots, machines only and into next 10 years of your career and work backwards to check what skills will be in demand after 10 years and start learning them right now. If you just know one skills you will be in danger of losing your job pretty soon. Having a diversified skills set is a reward in present job market.
  8. Jobs in areas such as Artificial intelligence, robotics,cyber-security,  building intelligent machines will be on raise and also many traditional jobs that need deep cognitive skills won’t be replaced rapidly and there is scope for job stability.
  9. Because of huge pressure, stress, anxiety in work areas,  individual’s health will suffer which will force for more visits to hospitals. Yoga and meditation will gain tremendous influence in helping those who embrace Yoga and Meditation. I advice young students to start seriously practicing YOGA and Meditation. You can make a career in this two healthy areas.

Finally those who are lifelong learners and who can rapidly adopt to changing job specifications, skills will stay relevant and those who resist change will be side-lined.

Any comments, additions to this article are welcome to do so. Thanks

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The Journey of Life


The journey was expected to be a tapestry

The beginning was learning with ease and rhapsody

The middle was the elixir of eternity

Felt like there would be no mortality

The twists and turns helps to deal tactfully

While days turn to years the vitality is a travesty

The journey was expected to be majesty

But Life is a journey of gallantry, unreality, laxity, vanity, spirituality, joviality and insanity.

The transient beauty of life should be dealt with sanity otherwise brutality is the real reality.

My life story in Six words


One of the habit I’m developing while at my regular walk during Morning and evening is to keep my mind busy with thoughts that might help me with my work and life. One of the routine is to write blogs on something that could  help/inspire someone who reads my blog. I was thinking of writing a blog for quite some time but was busy with guest lectures and a Coursera course (https://www.coursera.org/ )  “Developing innovative Ideas for a New company” I started this March 3rd. This is a six week course but they allowed students to go ahead and finish the course earlier. It occurred to me that I should attempt to complete all six weeks course in Six days of the first week itself but should be able to target for highest marks possible. Guess what, I completed the course but took Ten days (Wednesday 12/3/2014) taking the last quiz before midnight 12.00 PM. So the result is that by constraining to six days forced me to be creative with my daily schedule.

So the constraint that I made for completing my course in six days made me think creatively and set goals to reach it as much as possible. Constraints should enhance creativity not bog you down to stress and anxiety.

The most common problem college students engage is procrastination, the act of ‘putting off something until a future time – postponing or deferring action’. That means most of them become serious with their exams or career planning in the last minute. This creates stress that leads to anxiety.

They come to me with this problem of stress and anxiety due to lack of time (it’s too late). How do I help them?  This became my challenge for  quite some time during my daily walk.  I read extensively on how to reduce stress and anxiety as listed bellows that helps some of the students or employees to overcome their stress and anxiety.  But I was not sure that this research will solve everyone’s problem.

https://www.bostonglobe.com/sports/2014/02/21/mikaela-shiffrin-takes-lead-olympic-slalom/fBf912OWzecqxe9RY2h9KM/story.html

http://www.ncbi.nlm.nih.gov/pubmed/22755446

http://www.athleticinsight.com/Vol5Iss2/ClimbingImagery.htm

The only way stress or anxiety can be reduced is to plan ahead and stick with that plan and reach the goals you want to reach.

But that is not easy with the distractions of daily life. So now I thought let’s explore how to use these constraints of daily distractions, mental weakness, and procrastination to reach our goals or reduce the stress.

I started exploring the web on constraints and came across a story of Ernest Hemingway, a story writer who bet with friends that he could write an entire story in just six words. It seems impossible feat but Hemingway did it as follows

“FOR SALE: Baby Shoes, Never worn”  http://en.wikipedia.org/wiki/For_sale%3A_baby_shoes%2C_never_worn

http://www.npr.org/templates/story/story.php?storyId=18768430

That excited me to write my life story in six words and here is what it is

Fall ,Rise, plan, achieve, Sorrow , splendid –RK

So procrastination , stress , anxiety , tension or what ever it is that is stopping you becoming great should be used for your advantage.  For me planning , setting goals and also sticking with the goals to the best of my abilities is what made me what I’m today. My physical constraint never bothered me reaching to a better life with best practices. So I wish this blog inspires you all to think how to use your constraints for your advantage creatively…

Now I challenge you to write your life story in six words as comments to this blog.

The links below are some extraordinary “creativity under constraint” stories for you. Enjoy and let me know if you liked this blog and make me happy please by expressing your opinion (it’s long overdue from my readers).

https://gettingreal.37signals.com/ch03_Embrace_Constraints.php

http://99u.com/articles/5993/reel-back-finding-creativity-in-constraints

http://austinkleon.com/newspaperblackout/

http://vimeo.com/55804669

https://www.attendly.com/exceeding-limitations-is-all-about-the-way-you-think/

My favourite talk on TED must watch http://www.ted.com/talks/phil_hansen_embrace_the_shake?embed=true

http://www.sixwordmemoirs.com/

Don’t forget to give your story in six words as comments… Thanks and I appreciate your time reading this blog..