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Automation: The Boon and Bane for our future generations!

Blog: NASSCOM Official Blog

The world has undergone a significant transformation in the last decade. Today, we live in a world where an X-Ray machine can tell about our body in a few seconds, AI bots can resolve customer issues, and we can also travel in self-driving cars. All of this has been possible by automation.

What is Automation?

Automation can be defined as the process of making a machine/procedure/system work without or little interference of humans. It is changing the business landscape around the world. Recently Mckinsey reported that by 2030, 30% of current jobs will be automated around the globe. While in India, this number will be between 9 – 13%. 

The report further mentions that automation can be a boon for early adopters, while it can become a bane for the organization that are late adopters. It is also possible that late adopters may never be able to overcome the competitive advantages of automation early adopters.

The Boon of Automation

The Bane of Automation

Automation and jobs

Automation provides both boon and bane to our future generations when it comes to jobs. Machines being able to do tasks much efficiently and in reduced time will lead to unemployment. Moreover, since automation can deliver results with some clicks alone, it can reduce the ability of critical thinking and creativity. 

Coming to the boon of automation, it may reduce some job opportunities, but it also creates many new roles. These roles are necessary for yielding successful results from automation. 

The Takeaway

Automation comes with both advantages and disadvantages. However, the benefits that automation offers overshadow disadvantages. Automation can bring growth to our economy, and create new opportunities for our future generations. 

Being an early adopter of automation is beneficial for organisations, but they need to meticulously plan it. If not planned properly, automation can lead to job losses. To avoid it, companies need to organize training and up-gradation programs for their employees. This ensures that they can create an alternate line of work for their employees, without having to fire them. Organizations need to adopt automation by investing in the right technologies and resources simultaneously, to secure a brighter future.


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