Stephen Hawking, recently said;
“We are living in a world of widening, not diminishing, financial inequality, in which many people can see not just their standard of living, but their ability to earn a living at all, disappearing…”
AI or Artificial Intelligence is said to loom as a threat on human’s race with a million articles on the impact of automation.
Debate over debate seems to rage on which job skills would be redundant.
Recently in the US, McDonalds has replaced some 2500 of its cashiers with automated touch screen kiosks. Elsewhere in India, 43 McDonalds restaurants are closing with estimated job loss of 1700 people.
An interesting tweeter observed that if your job is making and receiving emails and creating ppt/pdf etc, your job will probably be automated.
Elsewhere, the corporate money machines are gamifying the process of entry level jobs, by challenging their candidates to play a brain game to collect as much money as possible by pumping a digital balloon.
Reading a paragraph of the 1940s book ” The Future in Education” by Sir LivingStone, one ascertains that the norm of schooling after 14 yrs of age, was established just last century.
The rationale given that “it is the time when parents are most capable of earning money and children least capable of it.” It is also said to be “the best time for learning new languages, memorizing facts and even enjoying what to an adult is drudgery..”
Adult education on other hand was suggested to be given “to students who desire it, have the mental capacity to receive it and experience of life necessary to value and interpret it”.
Even after 70 yrs of educating and receiving education, most of us realize the rewards not corresponding to the time and effort gone into years of slogging.
He himself noted ” I doubt if any candid person, who has been a teacher or pupil in a secondary school, feels the returns correspond to the labour, time & money spent.”
So what do we do?
We go about to re-skill ourselves. The same employment machinery that requires “credentials” for “qualifying” to certain positions, now realizes that the last 17-18 yrs of the education machinery are mostly a wasted effort. New skills are needed to be “employable”.
We do what now?
We put in those extra hours to learn about something afresh.
A new technology and we spent the extra hours re-skilling ourselves?
Some one creates a startup and endeavors to become a job creator rather than a seeker.
For the rest, the circle goes on, till their job is eventually automated.