Be Afraid, Very Afraid

COGNITIVE COMPUTING, AUTOMATION, ARTIFICIAL INTELLIGENCE, NEURAL NETWORKS AND MACHINE LEARNING ARE LIKELY TO MAKE THOUSANDS OF TECHNOLOGY JOBS REDUNDANT.

Cognitive computing, automation, AI, neural networks and machine learning may make thousands of technology jobs redundant

Naveen Kumar (name changed), a 47-year-old senior project manager at one of India’s top IT services companies, leads a 1200-member team that services a global banking behemoth, writing custom application software and maintaining legacy ones. While cagey about revealing how much he earns, Kumar adds it is ‘more than `50 lakh per annum.’ With a three-bedroom apartment in Bangalore, annual family holidays abroad and a luxury car, one would assume he has it made. Kumar, however, says he has never been more afraid of losing his job. “In the past, if I was unhappy with my employer or the annual raise was insufficient, I would just switch jobs. As you move up the ladder, the pyramid of opportunities becomes smaller and