Refraction

We have seen an exponential growth and mindblowing innovations in the technology sector in last few decades. It seems like we have future filled with astonishingly exciting new technologies. And along with these new technologies we will have a bunch of new opportunities. Future looks bright, isn't it? I have some concerns here. We have heard those jobs that did not exist a decade back such as vlogger (YouTuber), Social media manager, Uber-Driver,  App-Developer. etc. The technological advances brought us most of these new jobs. In this post, I want to talk about some of those jobs that we may see disappear due to the next leap in technology, which would be driven by artificial intelligence (AI). According to a study done at Oxford University, 45% of all current jobs will disappear in the next decade with some of them being completely automated or at least enhanced so that only a fraction of the workforce is required. Let's look at some of the jobs that will radicall...

Artificial Intelligence is technology that can imitate intelligent human behaviour. Many apps and software are taking over soporific work and doing it seamlessly for us, simple example, spam filters in your mailbox. Furthermore, companies like Uber, Google are developing on cars that can travel from point to point, negotiating obstacles and taking smart decisions on their own to ensure the journey is fully automatic. Artificial Intelligence is an emerging technology that will be ruling current century. It has tremendous applications in almost every aspect of society especially in developing country like India. Yet, the dread associated with the technology cannot be quietly sidelined. We need be cautious while we travel this path. The recent debate on social media between 'Neuralink' founder - Elon Musk and 'Facebook' Co-founder - Mark Zuckerberg has brought the concerns associated with Artificial Intelligence into the limelight. An online squabble raised about art...

Technology intervention in our workforce is inevitable. For past few years, we have witnessed an unprecedented growth in the manufacturing sector.  The way goods are manufactured, serviced and delivered are changing with the adoption of new technology, global reach, and faster communication. In many areas, a machine replacing human labour as well as it is taking on cognitive skills. Automation has long term implications. It is apparently threatening joblessness of semi and unskilled workforces. It is, therefore, necessary that automation should be sustainable and be able to create benefits for people. Automation is going to change the basic way of manufacturing, supply chain management system works. Robots will replace the labour intensive jobs, which would increase productivity. In reality, automation will provide an opportunity to create innovative and prolific jobs for human resources. Adaptability with technology is the key. Labor and machines are not two opposite sides com...

We are living in an era, which has a backbone of the internet.  We cannot deny the fact that the internet has revolutionised the way we communicate. Two decades ago, no one would have thought that we will be able to see a person across the globe and will be able to communicate with him one on one. Today, it is possible. With a tap of a finger, you can make a video call from your mobile device. We share digital photographs on social networks and emails have replaced paper. Indeed, technology has changed our lives and it will continue to adorn our lives. In the year 2008, new idea sparkled on the internet. It is now popularly known as bitcoin. Bitcoin is a crypto-currency working on concepts of the blockchain. It became more popular in online transactions and has the potential to revolutionalise the international economy. The security offered in blockchain makes it uncompromisingly reliable. Nowadays, blockchain is the most secure way of conducting online...