future jobs in the world of automation

New Jobs in the era of Automation!Manish Singhal

Founding Partner, pi Ventures @manish_saarthi

Is the threat on Jobs something new?

From Horse to Horse Power!

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%

In the past, every “tech revolution” led to creation of more jobs!

So why are we worried now?

Technology Change is Dramatic?

Technology Change is Dramatic?

Artificial Intelligence is likely to take

over most routine jobs!

Unlike in the past, this time it

impacts all sectors!

This time Machines are “self operating & managing” unlike in the past which

required people to operate them

In the past, unskilled work force could change sectors without “cognitive re-

skilling”

Now, no option left…

Manufacturing is moving back!

Source: fortune.com

May be we are at a cusp of a chasm

What does Future hold for us?

AI impacting all sectorsHealth Care

Finance Logistics

Energy

Platforms creating Self Employment

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

Re-Skilling Needs

Source: Fast Company

Technology & Computational

Thinking

Care Giving

Social Intelligence

Learning & Teaching

Business Acumen

Re-Skilling Needs

Source: Fast Company

Technology & Computational

Thinking

Care Giving

Social Intelligence

Learning & Teaching

Business AcumenTech / Cognitive

Skills

Human / Judgement

Skills

How will the farming workforce get impacted with the corporatization &

Automation of Agriculture?

Open Challenges for India

Will we able to bridge the cognitive skill divide between the large

workforce which depends upon “physical” skills?

Open Challenges for India

Will be able to transform our educational system to build the new

Skills needed?

Open Challenges for India

“Do not worry about what automation will do to you,

Worry about what You can do with Automation!”

Thank You!

Manish Singhal manish@piventures.in

@manish_saarthi