NEW DELHI: Over 60 per cent of marketers in India believe new-age technologies are going to impact their workplace practices and consider it the next big disruptor in the industry, a new report said on Thursday. According to a global report by software major Adobe that involved more than 5,000 creative and marketing professionals across…
Putting things off is the biggest waste of life. It snatches away each day as it comes, and denies us the present by promising the future. The greatest obstacle to living is expectancy, which hangs upon tomorrow and loses today. You are arranging what lies in fortune’s control, and abandoning what lies in yours. What are you looking at? To what goal are you straining? The whole future lies in uncertainty: live in the present!~Seneca.
Until next time folks…
We need to strengthen research for efficiently produced healthy food, while ensuring the availability of food at affordable prices. Finding out things like how much and how long it costs to produce a given crop, the available market say in a given region go a long way in ensuring that there’s efficiency in production.
With this information, the farmers are also able to concentrate on cultivating crops in which they have a comparative advantage as compared to those in the neighbouring countries.
“It’s no coincidence that in countries where agriculture has taken off there have been large investments in research and infrastructure.” Kanayo Nwawce, President of the International Fund for Agricultural Development. (IFAD)
“Beware of little expenses, a small leak will sink a great ship.” Benjamin Franklin.
” The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.” Ha-Joon Chang.
Food waste contributes greatly to world hunger. One solution includes placing a greater emphasis on post-harvest food preservation methods such as solar refridgeration, intelligent packaging and creating a world food preservation center. Charles. L. Wilson, Ph.D
“There are ways for students to adapt their academic pursuits to compete with an increasingly automated workforce, by learning to be creative thinkers who improvise in ways that computers cannot.” Business Insider
We ought to capitalize on those soft skills that no machine or computer can offer.
After completing campus (University studies), the dream of every graduate is to get a job and apply the knowledge that we have amassed. We spend sleepless nights perfecting our CVs, making numerous job applications, and then dropping them off one office at a time.
Finally, when that lucky break manifests and we get a job, we celebrate and start building a career!
Meanwhile, these celebrations could be short lived with Artificial Intelligence (AI) becoming the norm in not only the developed but also the developing countries.
With the current tough financial times, every employer would wish to reduce expenses and operate at the lowest possible costs without necessarily undermining the quality of his/her product.The advance of Artificial Intelligence in the work-place is gradually making this wish come true, with prospects of not having to pay salaries and allowances.
Recent studies by Carl Benedict and Michael Osborne examined the probability of computerization for over 700 jobs.They concluded that “recent developments in machine will put a substantial share of employment, across a wide range of occupations at risk in the near future” The Economist.
A few years back, the thought of having “driverless” cars moving on our streets was only in sci-fi movies and simply out of the realm of reality. However, times do change, many developed countries like France, German, USA,etc are in advanced stages of making and testing prototypes of driverless cars. The car manufacturers predict that these will be available on the market by 2020!
This has left many bus and taxi drivers in those countries worrying their heads off due to the possibility of losing their jobs to machines and computers.
In Uganda, a recent study shows that one-fifth of the employees in bank related jobs could be jobless by 2021, with most banks resorting to mobile banking and the like. In addition;
An AI professor at Stanford University recently stated that “We are just seeing the tip of the Iceberg. No office job is safe” The Economist.
This growing popularity of Artificial Intelligence dictates that only those willing to learn and adjust will have a chance, otherwise, a jobless future is imminent.
Until next time…