ICT Academy has continuously endeavored to provide appropriate inputs to faculty members and academia, so they can help bridge the skill gap in our country and prepare students for the impending technological revolution. For the past one year, at all our Bridge conferences, we have had industry experts talk on the “Future of Work.” Cognoscentes from Dell, Autodesk, Oracle, IBM, Amazon, Salesforce, TCS, and Infosys shared an insider’s view of the transformation that is expected to sweep the IT industry.
Based on these inputs, ICT Academy has released its first compendium. With the launch of its periodic insights, ICT Academy has expanded its publication division. Historically, we have seen that modernization has only hurt those who did not embrace it. The compendium would help academicians prepare themselves to leap on to the ensuing bandwagon of technological revolution.
Here are some key pointers offered by the experts:
First, they all agree that Automation, Artificial Intelligence, and Micro Innovation, will cause major disruptions in the IT sector. They will set new trends which would cause the fourth wave of Industrial Revolution. Big Data, Cloud Computing, Deep Learning and Internet of Things are powering automation through. This would knockout 80-90% of the low-end jobs in every industry. Robots can soon be seen as Data Entry Operators, Customer Support Personnel, Insurance Agents, Tax Preparers, Telemarketing Personnel, Cashiers and Medical Technicians. Emerging workforce must learn to look at technology as a creative partner. Abetted by deep learning, it is predicted that Artificial Intelligence would even go on to influence the realm of human intelligence – creativity, innovation and emotional content. Ability to absorb knowledge, think laterally, and offer innovative solutions will become the new norm at workplace.
Secondly, they say that these megatrends will change workplace as we know it. By 2030, organizations would be even more networked, geographically scattered and demographically varied. Entities will be in a state of flux and will go digital. As much as 60% of the skills that are in demand today would go redundant in the next four years; super-specialized and multi- specialized part-timers and freelancers will be sought after.
Finally, to survive the change, new skills must be developed. One must be an all-rounder, backed by sound cognitive skills. To creatively outsmart situations, one must hone the can-do syndrome and learn to sell ideas. Order takers can be replaced by machines. It is agenda setters and risk takers who would be sought after by the new industry. Also one must embrace lifelong learning, as ‘skill’ would become the new currency!
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