Threat of automation taking away your job is real – Economic Times

The threat of automation taking away jobs is real. It can entirely finish certain jobs or force companies to rationalise workforce.

The Jobs Disruption Survey of nearly 11,000 employees by ET Online has found that a large number of employees see automation taking away their jobs even though the trend is more visible in the information technology sector (IT) at this stage.

When asked if you see new technologies replacing workers in your company in future, 65 per cent of respondents answered in affirmative. Only 25 per cent said 'no' while 10 per cent chose 'can't say'. More than half of employees sensing a threat to their jobs from automation and related technologies indicates the seriousness of the threat 'robots' hold for jobs across various sectors.

The report said increasing use of digitisation, automation and artificial intelligence in businesses and organisations would hit Indian employees the hardest in the world in the short term by cutting jobs. For the questionWhere will digitization increase or decrease headcount?India had the most employers saying digitization would decrease headcount. Over a quarter of employers in India expect to reduce headcount due to automation.

While, at present, automation can impact jobs by changing work profiles, employers killing jobs altogether due to automation does not seem to be a near-term phenomenon across sectors , suggests ET Online's Jobs Disruption Survey.

When employees were asked if they think their job was going to vanish in future due to emerging technology, 44 per cent said 'yes' while 38 per cent said 'no'.

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Threat of automation taking away your job is real - Economic Times