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Friday, June 10, 2016

Re: [MTC Global] What kind of jobs will be available 10 years from now?

1. Professor Vemuganti's view of IT is right.  However,  in the areas of high end IT services, like,  predictive analytics, cloud computing or AI related computing like deep learning - lot of persons would be on demand even after a decade.


2. With growing population, healthcare sector is expected to flourish. Since India provides low cost medical treatment, health tourism will also develop. Thus, the demand for skilled persons in healthcare domain will continue to rise even after a decade.


3. Food and hospitality sector will continue to grow. There would be more and more jobs in this sector.


4. In BFSI sector there will be jobs, and of course higher than other sectors but the number will be very less as compared to its past.


5. The new sector of alternative energy will come up with enormous potential employing large number of persons


5. Most interestingly, with increase in telecom bandwidth, there will be demand for home based part time service providers in the areas of education and training, business consultancy, market research


6. All the above is subject to country's social, political and economic stability. 


Regards


Dr Biswas

Kolkata


Dr Biswas 

Kolkata




From: join_mtc@googlegroups.com <join_mtc@googlegroups.com> on behalf of Ramesh Vemuganti <vemugantiramesh@gmail.com>
Sent: Friday, June 10, 2016 8:03 AM
To: join_mtc
Subject: Re: [MTC Global] What kind of jobs will be available 10 years from now?
 
10 years is too far to think or forecast. The legendary IBM founder Thomas Watson remarked that the " world shall require only 5 mainframes". Within an year, mini computers came with an awesome power far of 10 to 50 times that of a main frame. IT czar Bill gates stated in 1981 that a PC will not require more than 64 KB RAM. He had to take back the statement in 6 months & today we talk of 64 GB RAM. Both these legends & many others were proved wrong in last few decades.
 
Reason : The cataclysmic changes we are witnessing in several areas / domains, every year or two years, has a strong reason. Hexabytes of information & data is getting generated & is coming into the world every year. This shall continue to have a profound act on the systems, markets, business models, lifestyles, economies, etc. Hving taught Technology management for over a decade, I can say that any projection or extrapolation or forecast beyond 2 years will go topsy turvy.
 
Whatever you are doing - Plan monthly, quarterly, half yearly & yearly & that is a safe bet.
 
regards
 
Ramesh Vemuganti

On Thu, Jun 9, 2016 at 12:45 PM, Prof. Bholanath Dutta <bnath.dutta@gmail.com> wrote:
What type of work do you believe will be available for our students 10 years from now with talk of robots replacing workers,strong emergence of artificial intelligence and IOT.

It would be great to hear the views of esteemed MTCians' to prepare our students job ready for the future..


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Prof. Bholanath Dutta
Founder &  President 
MTC Global: An Apex Global Advisory Body
in Management Education, ISO 9001: 2008
Partner: UN Global Compact I UN Academic Impact
Cell: +91 96323 18178 / +91 9964660759

 

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