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The job crisis and solutions

It would not be wise to be optimistic about the future without preparing in a real sense for job creation

illustration by Binay Sinha
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illustration by Binay Sinha

Ganesh Natarajan
Whichever way one looks at it, the creation of new jobs has been a problem — not just in India but worldwide over the last few years. Sluggish economic growth, the huge onslaught of automation in the manufacturing as well as the services sectors and the rise of assistive, augmentative and autonomous artificial intelligence (AI) have all taken a toll on existing jobs and reduced job creation. And while we keep comforting ourselves that every new technology revolution has threatened to take away jobs but ended up creating multiple new ones, it would not be wise to be optimistic about
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