Industrial 4.0 new-age technologies are disrupting the jobs around the global. This is likely to have a marginal impact on labour surplus economy like India, where more important concerns are creation of more formal or decent jobs and rising non-standard form of work, which is replacing the limited formal or regular work in the organised sector.
The ‘Future of Jobs Report 2016’, a study by World Economic Forum, first highlighted that Industry 4.0 with new-age technologies such as artificial intelligence, advanced robotics, 3D printing and cloud computing may impact existing jobs & ways of working, particularly the entry-level, low-medium skilled […]
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