The jobs doomsday prediction is ahistorical because it suffers from the “presentism” disease identified by historians as a belief that the times we live in are unique. (Representational) Einstein said that if you judge a fish by its ability to climb a tree, it will live its life believing it is stupid. Only 0.7 per cent and 11 per cent of India’s labour force work in information technology (IT) and manufacturing and yet, many pundits predict that India’s IT and manufacturing employment has peaked — let’s call it the jobs doomsday prediction — because of automation, robots, the immigration […]
Full Post at indianexpress.com