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Votes 153 

Foji INDIA For Image

Pawan Deokule

Technology has created more jobs than it has destroyed, says 140 years of data Technology has created more jobs than it has destroyed, says 140 years of data. Their conclusion is unremittingly cheerful: rather than destroying jobs, technology has been a great job-creating machine. Findings by Deloitte such as a fourfold rise in bar staff since the 1950s or a surge in the number of hairdressers this century suggest to the authors that technology has increased spending power, therefore creating new demand and new jobs. Their study, shortlisted for the Society of Business Economists Rybczynski prize, argues that the debate has been skewed towards the job-destroying effects of technological change, which are more easily observed than its creative aspects. Going back over past job figures paint a more balanced picture, say authors Ian Stewart, Debapratim De and Alex Cole. Published 18th August 2015 by The Guardian

Votes 110 

Foji INDIA Against

Pawan Deokule

According to a study at Oxford University, nearly half of U.S. jobs are at risk of computerization. 45% of Americas occupations will be automated away over the next two decades. Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee have been arguing for the last year and a half that impressive advances in computer technology from improved industrial robotics to automated translation services are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education, and medicine. Published June 12, 2013 by MIT Technology Review

Comments (59)

    [ttshare]Advances in tech don’t decrease jobs over an extended period. As the workforce adjusts their skills and entrepreneurs explore alternatives based on the new technologies, the number of jobs rise again. Probably a blacksmith will not be forging metal anymore, but his knowledge of it will surely help him to run machines that would do the job in the future. The trick here is to keep learning. You need to learn and be updated with the latest skills.[/ttshare]

    -- Piyush Reply
    March 10, 2017 at 9:31 AM

    [ttshare]Technology has created better employment vacancies & creates a better tech based Environment to go ahead & Choose A better career. According to me Technology is a bliss for all of Us.[/ttshare]

    -- Priyadarshi Das Reply
    March 10, 2017 at 2:29 PM

    [ttshare]No automation can ever replace a humans insight into a situation that is beyond the obvious. A humans instinct separates it from automation/artificial intelligence. Despite this inherent limitation of automation, it has proved to be much more efficient, cost effective and what not. It has set up a huge number of people to search for jobs which require human instinct. Automation is the way forward, no doubt about it. But it should be taken in a way which helps the society as a whole, to make the world a better place.[/ttshare]

    -- Navneet Shah Reply
    March 10, 2017 at 2:46 PM

    [ttshare]Technology is a tool which helps us to eliminate the long duration....and provides a better result with acuracy....... ..it also a essential component to increase the production and profit too in any initiative....AS I THINK TECHNOLOGY ITSELF CREATES MORE JOBS TO INVENT THE NEW ONE...[/ttshare]

    March 10, 2017 at 3:47 PM

    [ttshare]Much of today’s coverage on technology is focused on whether technological advancements are good or bad for the world we live in today. We should put aside these value judgements and focus on how technology will simply make the world different going forward. 65 percent of children entering primary school today will end up working in jobs that don’t even exist yet. Our time is better spent figuring out how to live in this new world rather than lamenting the old one.[/ttshare]

    -- Dipali Bodke Reply
    March 10, 2017 at 4:14 PM

    [ttshare]Technology is the hallmark of 21st century. It doesn't kill jobs, else it create it.We call this as "Creative Destruction". On the hand, it destroys many jobs and on the other hand, it generate many jobs thus nullifying the effect. Service Sector, comprising most of the IT Sector contributes to 65% of India's GDP. SO, service sector is flourishing because of software and technology. The point here matters is the skill, if you have the unique and competitive skills, the world is yours! All the best👍[/ttshare]

    -- Jashandeep Singh Reply
    March 10, 2017 at 4:27 PM


    -- Jashandeep Singh Reply
    March 10, 2017 at 4:28 PM

    [ttshare]It is really good !!! The MAKE IN INDIA and DIGITALISATION move have been lighten by the Hon'ble PM Narendra Modi.. DIGITALISATION is a move from Labour intensive to Fully Automated era with modern techniques and tests.. Now a days to get a meal or a pizza we just go online, click it and it is being delivered within 30 min.. This is what the era is moving to Automation.. Every individual needs to get the work done at the earliest either by any means.. So this Automation is having a great move and have a FUTURE of great India...[/ttshare]

    -- Raj Singhania Reply
    March 11, 2017 at 4:49 PM

    [ttshare]In future in jobs not easy and not more well money for job. So creates new and very excited job for own mind. In india next some year after AUTOMATION technology is very usefull for creates job in any field.And this field in more money in india because no so more company and no more start up company in this field. In india next some year after electronics and communication field in great opportunity for job because in this market very down and before any field is down and next is first.[/ttshare]

    -- Bhalani Krunal S. Reply
    March 13, 2017 at 1:32 PM

    [ttshare]Technology would create new work streams in the future.[/ttshare]

    -- Sherin Reply
    March 15, 2017 at 7:57 AM

    [ttshare]In India, young generation has to face very tough competition for getting a government job.as in banking sector cutoff is very high. For general candidates it is 68 from Haryana,and for St candidates it is just 21 marks. Is this justice? Some general candidates get 67.90 but they are not shortlisted.....[/ttshare]

    -- Anjali Reply
    March 16, 2017 at 1:20 AM

    [ttshare]I don't find any use of technology. It just gives you one only thing i.e Comfort. Earlier people use to work hard, live long and stayed healthy but now it's quite vice-versa. In future we'll find places where there will be a complete ban on technology. According to me the future jobs will be on reserving, preserving of nature resources using modern technology.[/ttshare]

    -- Phanendra Reply
    March 16, 2017 at 2:22 AM

    [ttshare]Predictive analytics and Big data has future jobs[/ttshare]

    -- santhosh Reply
    March 20, 2017 at 3:14 PM

    [ttshare]As humanity moves ahead, all repetitive task based jobs will perish and this will result in greater income inequality. This period of time will lead up to a major change in our economic model as entire human population would not have acumen as well as room for creative/empathy based jobs. Our generation will have its moment in the revolution that awaits us.[/ttshare]

    -- Dushyant Bhati Reply
    March 20, 2017 at 3:21 PM

    [ttshare]Technology is destroying our environment. It's time we put a fullstop on technology and concentrate on saving our planet and making it green[/ttshare]

    -- Jayshree mehta Reply
    March 20, 2017 at 4:31 PM

    [ttshare]I rally likle it when individuals cime togetrher annd shaare ideas. Grea website, eep iit up! It’s perfect timme tto mae somne lans forr tthe futuree annd itt iss tie too bee happy. I’ve read his post and iff I coujld I desire tto sugbest you few intereesting thins or advice. Mayb yoou ccan wrjte next articles referrinjg to tthis article. I wish too readd even ore thngs about it! Thank yyou forr tthe ausoicious writeup. It iin faht wass a amusemnt account it. Look advanced too more adxded agreesable frpm you! However, how can wwe communicate? http://foxnews.org[/ttshare]

    -- Graciela Reply
    March 25, 2017 at 6:35 AM

    [ttshare]Genetics and stem cell research have opened up a new era of medicine where infected or lost parts of anything can be grown back, diseases can be cured without side effects. Genetics in the crop industry has given rise to modified plants and crops which In turn multiples the produce. Pest resistant crops can be produced. Jobs are galore in this field and is only at a nascent stage in India due to lack of proper guidance and expertise.[/ttshare]

    -- Samir M Reply
    March 29, 2017 at 5:16 AM

    [ttshare]Automation in different industries would increase production rates in factories of various kinds. It would also help seriously minimise human errors of any kind which would mean the company or the industry has a chance of producing high quality products. Also, would turn out to be cheaper to manufacture thereby increase the company's margins. Jobs would shift from the production side to the maintenance side, such as, soft wares, machine servicing and support. There will definitely more job opportunities in future.[/ttshare]

    -- Javed S. Reply
    March 29, 2017 at 5:18 AM

    [ttshare]Nanotechnology is a whole new universe of opportunities. It is useful in mainly in the creation of better electronics. It's like the transistor for vacuum tubes.[/ttshare]

    -- Sachin Reply
    March 29, 2017 at 5:27 AM

    [ttshare]3D printing has changed the perception of building something. The assembly part of building anything is practically eliminated and complex designs could be fed into machines to get accurate results. One could possibly build anything with 3D printing and with any material. All one needs is a working design. It is extremely quick and reliable and there are new applications being found everyday. Very recently, 3D printing tech was used to build a small home in under one day at bare minimum cost. 3D printing is slowly picking up pace in India.[/ttshare]

    -- Rishabh Reply
    April 7, 2017 at 5:25 AM

    [ttshare]Though nanotech has lost much of the fanfare it had a few years ago, it is still a very important part of advanced machinery as processors get smaller every year and efficiency needs to increase though the processors and chipsets shrink in size. It is currently being used for a lot of research mainly with medical equipment. It requires a lot of expertise in the field and a plethora of funding and the job market is huge.[/ttshare]

    -- Trina Reply
    April 7, 2017 at 5:27 AM

    [ttshare]Artificial intelligence helps us in reducing the error and the chance of reaching accuracy with a greater degree of precision is a possibility. This would help a lot of industries grow and perform better.[/ttshare]

    -- Pushkar M. Reply
    April 7, 2017 at 5:32 AM

    [ttshare]Robots can perform tasks faster than humans can and much more consistently and accurately. They become more common each and every day. There are extremely efficient and fast. You can use robots to produce products in factories such as assembling cars, bikes, furniture, instruments etc.[/ttshare]

    -- Akansha J. Reply
    April 7, 2017 at 5:33 AM

    [ttshare]Artificial intelligence and the science of robotics can be put to use in mining and other fuel exploration processes. Not only that, these complex machines can be used for exploring the ocean floor and hence overcoming the human limitations. This could open up a whole new world for the world of technology[/ttshare]

    -- Sejal Reply
    April 7, 2017 at 5:38 AM

    [ttshare]Nanotechnology can benefit the energy sector. The development of more effective energy-producing, energy-absorbing, and energy storage products in smaller and more efficient devices is possible with this technology. Such items like batteries, fuel cells, and solar cells can be built smaller but can be made to be more effective with this technology. These would make day to day life of a person extremely easy and less cumbersome.[/ttshare]

    -- Binny Castelino Reply
    April 7, 2017 at 6:26 AM

    [ttshare]Using biotechnology in the growth and production of fruits and vegetables has enabled scientists to change the way they ripen and grow .Genetically modified produce can be harvested when ripe, and the ripening process can be stopped, giving them a longer shelf life. These genetic modifications can also increase a plant's resistance to disease, pests, insecticides, herbicides and even extreme weather conditions. Genetic engineering has also altered a plant's nutritional makeup, making it richer in certain vitamins and minerals.[/ttshare]

    -- Manish Rathod Reply
    April 7, 2017 at 6:27 AM

    [ttshare]The widespread use of 3d printing technology will most definitely increase the demand for engineers who are skilled to design and build these printers. Technicians who are skilled at troubleshooting and maintenance and Designers to design blueprints for products and more jobs will be created.[/ttshare]

    -- Sanjeev Hariramani Reply
    April 7, 2017 at 6:33 AM

    [ttshare]Automation industry in India is growing rapidly, changing the face of industries and shaping it too. By 2020 this industry is expected to grow by 12%, increasing the speed at which industries in India function. The waiting period will be cut down by large margins and the demand of the markets will b fulfilled with a blink of an eye.[/ttshare]

    -- Pravin Nakti Reply
    April 7, 2017 at 7:12 AM

    [ttshare]3D printed pills, fracture casts, skulls, bones are just a few of the things that a 3D printer can make. If utilised right a 3D printed could change how doctors save lives and alter a few processes in the field of medicine.[/ttshare]

    -- Deepika J. Reply
    April 7, 2017 at 7:13 AM

    [ttshare]Automation industry in India is growing rapidly, changing the face of industries and shaping it too. By 2020 this industry is expected to grow by 12%, increasing the speed at which industries in India function. The waiting period will be cut down by large margins and the demand of the markets will b fulfilled with a blink of an eye.[/ttshare]

    -- Harish I. Reply
    April 7, 2017 at 7:26 AM

    [ttshare]Technology is destroying our environment. It's time we put a fullstop on technology and concentrate on saving our planet and making it green[/ttshare]

    -- jonahmano32 Reply
    March 10, 2017 at 2:27 PM

    [ttshare]Because 1. Everyday some new technology comes and it's literally difficult to learn and grasp every bit of the new technology endlessly to stay in the competition because you need years to get expertise in one technology and by that time another technology takes birth and becomes essential skill. 2.Technology has gifted us some great diseases free of cost , which makes us vulnerable 3.Technology (rather organizations for their benefit ), challenges our biological clock as we have to work day/night and suffer 4. Instead of up-skiling or re-skilling existing experienced employees, selfish organizations feels to remove them and hire fresh graduates only for cost cutting, which is why we can't trust technology is the only factor to survive 5.It's better to feed technology to robots and make them work restlessly , so that humans can do better jobs[/ttshare]

    -- Kavi Reply
    March 15, 2017 at 1:37 PM

    [ttshare]Already there is a cutthroat competition in almost all the job fields. Competing with computers is going to make it worse. Industries should not lose the human touch. When all the resources are going to extinct, it is the manpower that will contribute to the growth and not machines.[/ttshare]

    -- Aahna Reply
    March 15, 2017 at 6:32 PM

    [ttshare]Excess of everything is bad..since time immemorial, the world has witnessed anything done out of boundations shows it's wrath. Have you ever introspected yourself? Ever wondered where are we heading to? We are grossly so dependant on technologies that we can't imagine a day's working without our beloved mobile phones. We are simply loosing our wits our creativity..I agree that I too am typing it through a mobile phone but I would have been happier rebuttaling over it face to face. Moreover the entire system was framed to provide work to mankind technology was made to facilitate us and not replace us, however revolutionary we may be defying nature will be culminating our end.[/ttshare]

    -- Sanchita Bhartiya Reply
    March 20, 2017 at 8:31 PM

    [ttshare]Job losses are the main concern with full automation. This would mean increasing reliability on machines rather than humans which raises issues of a robotic lifestyle in factories.[/ttshare]

    -- Prasad Reply
    March 29, 2017 at 5:20 AM

    [ttshare]Though consumption of genetically modified products have not known to cause any harm or mutation, there is a huge debate as to whether these modified food items can cause mutation In the long run. Stem cell and genetic engineering are feared to give rise to designer babies if led to commercialization. This is the dark side of technology we choose to ignore.[/ttshare]

    -- Raghu Reply
    March 29, 2017 at 5:21 AM

    [ttshare]Severe job losses are expected as AI takes over from hard devices. Jobs would be pushed to the back-end of the AI support systems and no human interaction and thought processes would function in the front-end of AI. Machine-to-machine learning would be key and slowly human efforts would become less.[/ttshare]

    -- Ravi A. Reply
    April 7, 2017 at 5:29 AM

    [ttshare]Humans will get extremely machine dependent and especially in the field of medicine there could be no clear distinction as to how much one can use machines to assist medical professionals. Also in the long run there is a question of whether we need doctors or just to go the machine and that would do its job. Advanced robotics breeds a new variety of weaponry perhaps threatening world peace and increasing chances of a full blown catastrophe if technology falls into the wrong hands.[/ttshare]

    -- Munira Reply
    April 7, 2017 at 5:30 AM

    [ttshare]Artificial intelligence might have played an important role for the growth opportunities in every field of work but the advantages of AI cannot always meet the long term goals of your job.[/ttshare]

    -- Rashmi Reply
    April 7, 2017 at 5:31 AM

    [ttshare]Intelligence is believed to be a gift of nature. An ethical argument continues, whether human intelligence is to be replicated or not. Machines do not have any emotions and moral values. Unlike humans, artificial intelligence cannot be improved with experience. With time, it can lead to wear and tear. It stores a lot of data but the way it can be accessed and used is very different from human intelligence.[/ttshare]

    -- Akshay Reply
    April 7, 2017 at 5:34 AM

    [ttshare]Robots incur high costs for their maintenance and repair. The programs in them need to be upgraded and updated to suit the changing requirements. In case of the breakdown, the cost of repair is usually very high and the procedure to restore lost code or data is be time-consuming and costly. For now robotics doesn’t seem like the best of ideas but maybe in the future it could be of some use.[/ttshare]

    -- Salman Reply
    April 7, 2017 at 5:36 AM

    [ttshare]Creation of artificial intelligence requires huge costs as they are very complex machines. Their repair and maintenance require a lot of money. They have software programs which need frequent up gradation to cater to the needs of the changing environment and the need for the machines to be smarter by the day. In the case of severe breakdowns, the procedure to recover lost codes and re-instating the system might require huge time and cost.[/ttshare]

    -- Pooja K. Reply
    April 7, 2017 at 6:12 AM

    [ttshare]The development of nanotechnology might soon bring a crash in a large number of markets due to lowering the value of a lot of items. The fuel industry might take a big hit too.[/ttshare]

    -- Dhawal D. Reply
    April 7, 2017 at 6:14 AM

    [ttshare]Despite harvesting thousands of genetically modified plants, scientists still do not have a clear understanding of how these genetic changes affect the human body in long term, primarily because these food plants have only been available since the early 1990s.[/ttshare]

    -- Amir Reply
    April 7, 2017 at 6:15 AM

    [ttshare]The decrease in manufacturing jobs will greatly affect the economy of countries that largely rely on a number of low skill required jobs.[/ttshare]

    -- Manisha Reply
    April 7, 2017 at 6:16 AM

    [ttshare]The size of objects created with 3d printers is currently limited. Not just this, with 3d printers, plastic knives, guns and any other hazardous objects can be created. It makes easier for terrorists and criminals bring a weapon without being detected.[/ttshare]

    -- SANGEETA Reply
    April 7, 2017 at 6:17 AM

    [ttshare]Newspapers and magazines recently reported that most labor jobs lost to technology. Automation industry being one of the biggest job snatchers. Almost 6.4 lakh jobs of low-skilled labor will be lost by 2021. One in four job cuts happening across the world will be in India, threatening almost 69% of jobs. This makes the future of these labourers look extremely bleak.[/ttshare]

    -- Abhishek Reply
    April 7, 2017 at 6:18 AM

    [ttshare]According to a lot of studies, the overall drug consumption and side-effects of nanomedicine may be lowered significantly by depositing the active agent in the morbid region only and in no higher dose than needed. Which still leaves a grey area in ones mind about the feasibility of nanomedicine. Will something go wrong if I consume it, is there definitive proof of the medicine working wonders like it is supposed to or will I suffer from something completely unknown and new, perhaps even incurable?![/ttshare]

    -- Jayesh M. Reply
    April 7, 2017 at 6:19 AM

    [ttshare]Nanotech is still new and requires large sums of funding for just the research. The production of materials that have nanotechnology in them would quite possibly cost more than its alternatives. This would mean that a very small part of the human population would be able to utilise it. nanotechnology isn't economically at its best spot as of now.[/ttshare]

    -- Maulik Patel Reply
    April 7, 2017 at 6:20 AM

    [ttshare]Farmers that have added biotechnology have most definitely seen changes in the way they farm. But the high costs of biotech take away from what they make, forcing them to go back to their primitive ways of farming.[/ttshare]

    -- Dilip Singh Reply
    April 7, 2017 at 6:22 AM

    [ttshare]Most products that were made in the past and most technologies that have previously been a par of our lives have been up to date and have moved with the time, which negates the usage of artificial intelligence. Even without it people could clearly decide on what hey need and what the don’t.[/ttshare]

    -- Robin Reply
    April 7, 2017 at 6:24 AM

    [ttshare]When a vehicle breaks down, when a mobil phone store working, or a television/ laptop stops working, companies still depend on humans and labourers to fixe them. As, it would be too expensive to introduce a separate automation facility for such processes and the time taken to send it to the facility and the time spent there will be too high.[/ttshare]

    -- Lambert D. Reply
    April 7, 2017 at 6:25 AM

    [ttshare]Artificial intelligence can become very intrusive in a personas life and start dictating how they live, what they see, what they eat. For eg: Facebook already knows everything a person likes and shows only such things on their walls, making them vulnerable by keeping them engaged n their pages for long periods of time.[/ttshare]

    -- Jehangir Mirza Reply
    April 7, 2017 at 6:40 AM

    [ttshare]Robotics will indeed become a part of everyones lives, but the dependency on robots will most definitely hamper the growth of humans, and change how they do things and make them extremely lazy. It is not in anyones best interest to be going the robotics way.[/ttshare]

    -- Vishal K Reply
    April 7, 2017 at 6:43 AM

    [ttshare]Every generation of human is different, new things, new diseases and new treatments come about at all given times. Being able to predict what might come and what might happen, might not be the best as it would install a state of fear in the common man.[/ttshare]

    -- Saurabh Saxena Reply
    April 7, 2017 at 6:45 AM

    [ttshare]Nanotech can aide surgeries and help patients in many ways, but there is still no proof of it being better than what doctors already use and have at their disposal. There are countless studies on the same but none have been good enough to follow.[/ttshare]

    -- Kailash Reply
    April 7, 2017 at 6:47 AM

    [ttshare]3D printing is helping people design things that they earlier did using different materials. There was always a way to make the same things differently, 3D printing doesn't seem feasible for everyone. The cost of 3D printing is also extremely high making it available for a small part of the society.[/ttshare]

    -- Amish Singh Reply
    April 7, 2017 at 7:09 AM

    [ttshare]Humans still monitor processes that are undertaken by automation, which makes this industry not as trustworthy as it can stop functioning at any given point of time.[/ttshare]

    -- Monisha Agarwal Reply
    April 7, 2017 at 7:10 AM

    [ttshare]Newspapers and magazines recently reported that most labor jobs lost to technology. Automation industry being one of the biggest job snatchers. Almost 6.4 lakh jobs of low-skilled labor will be lost by 2021. One in four job cuts happening across the world will be in India, threatening almost 69% of jobs. This makes the future of these labourers look extremely bleak.[/ttshare]

    -- Paayal J. Reply
    April 7, 2017 at 7:24 AM

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