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Global – Four out of ten jobs could be lost to automation (Economic Times)
By memberservices@staffingindustry.com (Danny Romero)
The impact of automation could lead to four out of ten jobs being lost to robots by 2021, reports the Economic Times. PeopleStrong CEO and Founder Pankaj Bansal, stated that there will be a visible change in the next 3-4 years with the first major effects will be seen in the sectors like manufacturing, IT and ITeS and security services and agriculture. According to Bansal, low skill and high transaction jobs will be affected as automation takes away their jobs.
Meanwhile, hiring for short term projects, flexi hiring would be the way forward in these areas for roles that cannot be automated. Francis Padamadan, Country Director, Kelly Outsourcing and Consulting Group India, said, “automation will not take away all the jobs because you still need someone to build and monitor the robots. So, while jobs mostly at the bottom of the pyramid will be affected, new jobs will get added”.
Source:: Global – Four out of ten jobs could be lost to automation (Economic Times)
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