One of the largest economic revolutions of our time is unfolding around us. Technology, innovation and automation are redrawing the career paths of millions of people. Most headlines focus on the negative, i.e. machines taking our jobs. But in reality, these developments are opening up a world of opportunity for people who can make the move to a STEM career or upskill in their current job. There's also another part to this story: How AI can help boost the economy by improving how we learn.

One of the largest economic revolutions of our time is unfolding around us. Technology, innovation and automation are redrawing the career paths of millions of people. Most headlines focus on the negative, i.e. machines taking our jobs. But in reality, these developments are opening up a world of opportunity for people who can make the move to a STEM career or upskill in their current job. There's also another part to this story: How AI can help boost the economy by improving how we learn.

To help its employees at its Noida R&D facility to upgrade skills in areas such as Artificial Intelligence (AI), Cloud computing and Machine Learning (ML), Samsung India on Monday signed a Memorandum of Understanding (MoU) with India's premier engineering institute BITS Pilani. As part of the initiative, the employees of the R&D centre will be able to pursue M.Tech in Software Systems, to further upgrade their skills, Samsung India said in a statement. "As technology evolves, skill sets must evolve too, especially for a company like Samsung that is focused on the next level of innovations," said Seounghoon Oh, Managing Director, Samsung R&D Institute India-Noida. "This MoU is in line with our vision to develop futuristic skill-sets aligned to the requirements of the fast evolving mobile and consumer electronics sectors," Oh said. As part of the initiative, every year a batch of 35 employees from Samsung R&D Institute India-Noida (SRI-Noida) will be sponsored for this two-year M.Tech programme.