Future of Work

The world of work is changing. Artificial intelligence and automation will make this shift as significant as the mechanization in prior generations of agriculture and manufacturing. While some jobs will be lost, and many others created, almost all will change. Be it ‘Future of Works’ report of World Economic Forum, or reports of thinktanks like Mckinsey and PwC, all organizations are busy trying to predict and assimilate these changes.

Reports point out that while the pace of technology adoption is expected to remain unabated and may accelerate in some areas, Automation, in tandem with the COVID-19 recession, is creating a ‘double-disruption’ scenario for workers. Although the number of jobs destroyed will be surpassed by the number of ‘jobs of tomorrow’ created, in contrast to previous years, job creation is slowing while job destruction accelerates. In fact experts go to the length of acknowledging that the future of work has already arrived for a large majority of the online white-collar workforce.

We, at Vision Institute of Science & Management (VISM), prepare our students for this inevitable future by incorporating various skills along with management education.

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