Fear of job losses misplaced: IT Minister RS Prasad

NEW DELHI: Advanced applied sciences like Artificial Intelligence (AI) will spawn new jobs and fears round task losses are misplaced, IT Minister Ravi Shankar Prasad has mentioned, whilst admitting that India Inc must play a bigger function within the efforts to upskill folks.

"Remember, technology by its very nature requires skilling and I see potential for digital skilling in a big way which, by itself, will create a lot of jobs," Prasad mentioned.

He mentioned IT ministry is working with different departments like Niti Aayog on more than a few facets of these advanced applied sciences, and could also be engaged with instrument frame Nasscom on ability building tasks.

"We are working with Nasscom...Also, I have already set up several committees to examine the whole matter. AI should be used for governance...for improvement. We are working quite closely with other departments like Niti Aayog," he explained.

Asked if the corporate India needed to put extra efforts on this area, the minister mentioned: "There is a scope for that. Nasscom is doing that but there is a need to do more".

He brushed aside concerns that technology may displace jobs, however added that it is necessary for folks to upskill to keep tempo with changing requirements within the digital world.

"If a person is not up to date in new technology, then he may have a problem. You have to be tuned to the new technology," the minister mentioned in a contemporary interview.

He noted that 39.eight lakh persons are working at once in IT sector, whilst indirectly the sector hired about 1.3 crore folks.

Additionally, 10 lakh persons are enthusiastic about Common Service Centre (CSC) - which acts as get admission to point for supply of digital governance products and services - whilst four.five lakh persons are enthusiastic about cellular manufacturing activities within the country, he added.

"All these numbers are excluding the startup and entrepreneurship movement. When a new technology comes, new skilling comes in, it is going to bring more and more jobs, be very clear about this," he mentioned.

The comments come amid stories of layoffs throughout more than a few IT firms and apprehensions that expanding automation throughout sectors could make existing jobs redundant.

Nasscom had refuted such stories saying the IT business continues to rent folks on "net" foundation despite the fact that techies will have to reskill themselves to stick relevant.

IT firms, on their part, too had defended their place saying trimming of personnel is part of annual efficiency opinions, a process that weeds out bottom performers or non-performers.


Nasscom had argued that tech startups, e-commerce, Digital India and digital payments are creating new alternatives for enlargement. As many as three million new jobs are expected to be created within the sector by means of 2025, as according to business estimates.


A ballot carried out by means of EY lately discovered that whilst trade leaders are constructive about the impact of AI on task creation, ability crisis remains.


"AI is creating jobs, yet 80 per cent of respondents say there is a lack of talent to fill positions," EY had mentioned.


The IT sector could also be battling demanding situations in trade surroundings and stricter paintings allow regime in countries like the USA, Singapore, Australia and New Zealand.
Fear of job losses misplaced: IT Minister RS Prasad Fear of job losses misplaced: IT Minister RS Prasad Reviewed by Kailash on June 03, 2018 Rating: 5
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