Jobless in the New India: Navigating the AI Disruption

Jobless in the New India: Navigating the AI Disruption
Author: Abhishek Parihar
Publisher: Abhishek Parihar
Total Pages: 333
Release: 2024-04-09
Genre: Computers
ISBN:

In the rapidly evolving landscape of the 21st century, the rise of artificial intelligence (AI) has dramatically transformed the job market in India. "Jobless in the New India: Navigating the AI Disruption" is a comprehensive exploration of the profound impact of AI on the Indian workforce and the crucial strategies individuals and policymakers must adopt to thrive in this new reality. This timely and insightful book delves deep into the challenges and opportunities presented by the AI revolution. Addressing the growing trend of automation and its sweeping effects on traditional job roles, the author provides a nuanced understanding of the skills and mindsets necessary to remain competitive in the age of intelligent machines. Packed with real-world case studies, data-driven analyses, and expert insights, "Jobless in the New India" equips readers with the knowledge and tools to: - Understand the scope and pace of AI-driven disruption across various industries in India - Identify emerging job trends and in-demand skills for the future of work - Develop a versatile skillset and adaptive mindset to future-proof your career - Navigate the complex landscape of reskilling, upskilling, and entrepreneurship - Advocate for policy reforms and educational reforms to prepare the Indian workforce Whether you are an employee facing job uncertainty, an entrepreneur seeking to leverage AI, or a policymaker tasked with shaping the future of work, this book is an essential guide to navigating the AI disruption and thriving in the new Indian economy.

The Future of Work

The Future of Work
Author: Darrell M. West
Publisher: Brookings Institution Press
Total Pages: 223
Release: 2018-05-15
Genre: Education
ISBN: 0815732945

Looking for ways to handle the transition to a digital economy Robots, artificial intelligence, and driverless cars are no longer things of the distant future. They are with us today and will become increasingly common in coming years, along with virtual reality and digital personal assistants. As these tools advance deeper into everyday use, they raise the question—how will they transform society, the economy, and politics? If companies need fewer workers due to automation and robotics, what happens to those who once held those jobs and don't have the skills for new jobs? And since many social benefits are delivered through jobs, how are people outside the workforce for a lengthy period of time going to earn a living and get health care and social benefits? Looking past today's headlines, political scientist and cultural observer Darrell M. West argues that society needs to rethink the concept of jobs, reconfigure the social contract, move toward a system of lifetime learning, and develop a new kind of politics that can deal with economic dislocations. With the U.S. governance system in shambles because of political polarization and hyper-partisanship, dealing creatively with the transition to a fully digital economy will vex political leaders and complicate the adoption of remedies that could ease the transition pain. It is imperative that we make major adjustments in how we think about work and the social contract in order to prevent society from spiraling out of control. This book presents a number of proposals to help people deal with the transition from an industrial to a digital economy. We must broaden the concept of employment to include volunteering and parenting and pay greater attention to the opportunities for leisure time. New forms of identity will be possible when the "job" no longer defines people's sense of personal meaning, and they engage in a broader range of activities. Workers will need help throughout their lifetimes to acquire new skills and develop new job capabilities. Political reforms will be necessary to reduce polarization and restore civility so there can be open and healthy debate about where responsibility lies for economic well-being. This book is an important contribution to a discussion about tomorrow—one that needs to take place today.

Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publisher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre:
ISBN: 9781646794973

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Artificial Intelligence and India

Artificial Intelligence and India
Author: Kaushiki Sanyal
Publisher: Oxford University Press
Total Pages: 160
Release: 2020-06-12
Genre: Business & Economics
ISBN: 0190992050

What is artificial intelligence (AI)? How did it evolve over the years and what is it going to look like in the future? What are the opportunities and risks associated with AI? Where does India stand among the global AI ecosystems? This book answers these questions and gives a bird's-eye view of the field of AI, with a special focus on India. In clear, jargon-free language it explains what is and, more importantly, what is not AI. It provides a well-rounded summary of the ongoing debates on ethics, regulation, bias, and data privacy surrounding the development and use of AI technology. Using up-to-date data, the book looks at India's contributions to and adoption of AI, as the country has a significant stake in the AI revolution as one of the fastest growing economies.

Artificial Intelligence and TheFuture of Power

Artificial Intelligence and TheFuture of Power
Author: Rajiv Malhotra
Publisher: Rupa Publications India Pvt Limited
Total Pages: 522
Release: 2021-01-10
Genre:
ISBN: 9789390356430

A recurrent debate surrounding AI concerns the extent of human work that could be replaced by machines over the next twenty years when compared to new jobs created by AI. Numerous reports have addressed this issue, reaching a wide range of conclusions. Experts consider it a reasonable consensus that eventually a significant portion of blue- and white-collar jobs in most industries will become obsolete, or at least transformed, to such an extent that workers will need re-education to remain viable. This percentage of vulnerable jobs will continue to increase over time. The obsolescence will be far worse in developing countries where the standard of education is lower.

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publisher: Crown Currency
Total Pages: 194
Release: 2017-01-03
Genre: Business & Economics
ISBN: 1524758876

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
Total Pages: 35
Release: 2021-10-22
Genre: Business & Economics
ISBN: 1589063953

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Technology and the Future of Work

Technology and the Future of Work
Author: Paul S. Adler
Publisher: Oxford University Press, USA
Total Pages: 351
Release: 1992
Genre: Employees
ISBN: 0195071719

This book brings together a set of essays exploring the implications of new technologies in the workplace. The common premise of the contributions is that the effective implementation of automation in manufacturing and engineering operations will typically require a workforce with a higher skill profile. Examining the experience of countries in Europe, Australia, Asia, and the U.S., the book analyzes four themes: the new competencies required for effective implementation of new technologies; how firms can develop these new competencies; the implications of these changes for industrial relations; and how firms can weave together business strategy, technology strategy, and personnel strategy, to build competitive advantage. with greater rather than lesser skills. This argument contradicts the conventional assumption that automation will not only reduce the number of workers required to produce a given product but also require less skilled workers to do so.

Artificial Intelligence

Artificial Intelligence
Author: Jacob Parakilas
Publisher: Chatham House (Formerly Riia)
Total Pages: 60
Release: 2018
Genre: Political Science
ISBN: 9781784132125

"The rise of AI must be better managed in the near term in order to mitigate longer term risks and to ensure that AI does not reinforce existing inequalities"--Publisher.