The Line of Work

The Future of Jobs by the World Economic Forum reported that 75 million jobs may be displaced by a shift in the division of labour between humans and machines, while 133 million new roles may emerge that are more adapted to the new division of labour between humans, machines and algorithms.

Amid the headlines that are exclaiming the loss of jobs due to automation and other disruptive changes brought by Artificial Intelligence (AI), and Machine Learning, emergence of new jobs and skillsets are clear.

With automation being the norm, we are weaving in vast amounts of data. Organizations across industry sectors are going to require more and more number of Data Scientists to interpret large datasets and generate business answers. These data scientists will don the investigative hat and look at the data that Internet of Things (IOT) generate and uncover newer sources of data, mix, compare and analyse data sets and write reports and present their findings to the company. These "detectives" will provide businesses data-driven insights on increasing companies' bottom line and top line.

While it is not possible for anyone to say exactly what the future will hold, going by the current trends that we at Bruhat are experiencing, 50% of the industry jobs that will emerge in the next couple of years would be Data Scientists, on AI, ML, and IOT.

To remain in the cutting edge of processes and innovation, candidates can embark on the journey of a new career path by way of skilling, upskilling or even reskilling on the automation path. It isn't hard to imagine the positions in the current scenario with business leaders spending much time and resources going through people's data for better quality output. For recruiters to remain relevant in the fourth industrial revolution, they will also have to quickly evolve with technology being in the central.

UMASANKER KANDASWAMY