The robots will actually create more jobs for high-skilled tech workers in India
The casualties of automation are on the rise, but it's not bad news for everyone. Nearly one third (700,000) of low-skilled workers in India's IT sector could lose their jobs by 2022 due to an uptick in the adoption of robotics and artificial intelligence. But those in medium- and high-skilled jobs stand to gain from the trend, a recent report (paywall) by market analysis firm HfS Research said. In the next five years, the number of medium-skilled IT employees is estimated to rise to 1 million from 900,000 while the number of high-skilled employees will jump to over half a million from 320,000, according to the report. With technological advancements, "the productivity of higher-skill workers, especially those engaged in abstract thinking, or with creative and problem-solving skills, has increased," a January 2017 report by management consultancy McKinsey & Company explained. As a result, they're more likely to be in demand in the coming years.
Oct-14-2017, 00:12:09 GMT
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