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Impact of Automation on Jobs
- 1. Impact of Automation on Jobs Either Upskill or Perish BY: Mayank Patil, Soham Jain, Yashraj Nigam
- 2. Industries affected by Automation ● Medical ○ Nanorobotics ○ Surgery ● Defence ○ Drones ○ Guided missile ○ Launcher ○ Radar antenna
- 3. Industries affected by Automation (cont.) ● Agriculture ○ Site-specific spraying ○ Sprinklers IT Industry: IT industry to going through a huge transformation with the automation of mundane and repetitive tasks like data migration from one system to another. This transformation is due to technologies like Artificial Intelligence, Machine Learning, and Robotic Process Automation (RPA).
- 4. Impact on Production ● Unskilled Labourers would be the first to take a hit on their jobs due to automation
- 7. Advantages of Automation ● Reduction in production time ● Increase in accuracy and repeatability ● Less human error ● Less employee costs ● Increased safety ● Higher volume production
- 8. Disadvantages of Automation ● Less versatility ● More pollution ● Large initial investment ● Increase in unemployment ● Unpredictable costs
Editor's Notes
- Nanorobotics (early diagnosis and targeted drug - delivery for cancer, biomedical instrumentation, pharmacokinetics monitoring of diabetes , and health care) Surgery [da Vinci (laparoscopic cholecystectomy), Zeus (facilitate complex microsurgical procedures such as coronary artery bypass)]
- RPA (If an electronic form from a human resource system is missing a zip code, traditional automation software would flag the form as having an exception and an employee would handle the exception by looking up the correct zip code and entering it on the form. Once the form is complete, the employee might send it on to payroll so the information can be entered into the organization's payroll system. But, with RPA technology, however, software that has the ability to adapt, self-learn and self-correct would handle the exception and interact with the payroll system without human assistance.)