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April 8, 2021
 

IT workers are in hot demand, but their future looks set to change

For many people, the future of work can look like a perilous place, with their jobs under threat from a technology-driven combination of artificial intelligence and machine learning, automation or robotics. IT workers are in a slightly different position here than most – often they’re introducing these technologies into the workplace. Even so, they’ll still be affected. Just because you make the changes, it doesn’t mean you’re entirely immune to them.

Overall the outlook for humans in industry is actually pretty positive. According to The Future of Jobs, a 2020 report by the World Economic Forum (WEF), there are big changes coming in the next three years.

Forty-three percent of businesses surveyed indicate they are set to reduce their workforce due to technology integration… By 2025, the time spent on current tasks at work by humans and machines will be equal.

World Economic Forum Future of Jobs report 2020

But it’s not all bad news. The report also says 41 percent of businesses “plan to expand their use of contractors for task-specialized work and 34 plan to expand their workforce due to technology integration.” WEF estimates that by 2025, the shift from human to machine labor could displace 85 million jobs while creating around 97 million new roles. That’s a net gain of 12 million jobs.

WEF says this change in the roles people will perform will mean a skills gap. The top skills employers surveyed believed would rise in importance as we approach 2025 include critical thinking and analysis, problem-solving and self-management skills like active learning, resilience and flexibility.

How India could tap this opportunity?

India is a leader in the IT sector across the globe providing services to tob businesses. India could tap the opportunity by skilling the human resource in demand-oriented manner. In the near future this could be leveraged by securing Visa regulated agreements with various countries facing skill shortages, and thereby providing Indians youth with global opportunities.

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