Disruptive innovations & Technology
Yes, it is true that disruptive innovation and technology have led to the disappearance of many old jobs. This phenomenon is often referred to as "technological unemployment."
A report says, 83% professionals in India intend to upskill in 2023, against the global average of 74%. 71% Indian professionals are confident of retaining their jobs versus 59% professionals globally. Career growth within the same organisation and personal interest cited as top reasons to upskill.
As technology advances, it is becoming increasingly automated, which means that machines are taking over many tasks that were previously performed by humans. Skills and competencies will drive the future rather than degrees, and old jobs have begun to vanish due to disruptive innovation and technology.
There are many factory jobs that have been replaced by robots, and many administrative tasks can now be done by software programs. This technological disruption can be particularly challenging for workers who may have spent their entire careers in a particular field or industry that is now becoming obsolete. It can also be difficult for workers who lack the skills or education necessary to transition into new roles.
Today, the growth of the Internet, mobility and global connectivity provides us with an opportunity to think about global requirements. Skills and competencies will drive the future rather than degrees. There will be a constant competition between God gifted human intelligence and Artificial Intelligence. Going forward, there will be Deep Tech with a Focus on Advanced Technology in the Future of Work.
However, it is also important to note that disruptive innovation and technology can also create new jobs and industries. For example, the rise of the internet and e-commerce has led to the creation of many new jobs in areas such as digital marketing, website design, and online customer service.
Overall, while disruptive innovation and technology can certainly lead to job losses in certain sectors, they can also create new opportunities for growth and development in other areas. It is important for workers to remain adaptable and continue learning new skills in order to stay competitive in a rapidly changing job market.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.