- 85% of survey respondents to the TimesJobs survey believe that automation will make the future workforce more competitive
- Beyond the IT sector, Manufacturing is poised to be the biggest adopter of automation, followed by Healthcare and Automobiles
- Factors like Emotional Quotient (EQ), decision-making and loyalty could disappear from the workforce in the light of increasing automation
May 22, 2019, New Delhi: TimesJobs has released the findings of its latest survey that went into envisioning the future of workforce by taking feedback from HR professionals representing diverse industry verticals.
As per 52% survey respondents, the composition of the future workforce will see less humans because of rising automation.
The survey titled ‘Future of Workforce’ went into understanding how emerging technologies like Artificial Intelligence (AI) are disrupting the demand for talent. The survey analysed responses from more than 1,200 HR professionals across diverse industries. Here are the key findings of the report.
Humans will reskill and upskill to stay competitive:
A positive thing coming out of the TimesJobs survey findings is the fact that there is a conscious realisation in the minds of the human workforce to adapt by reskilling and upskilling. As many as 85% survey takers were confident that humans will become more competitive to stay relevant in the disruptive job market.
“The rapid advancement of technology in recent years has also led to a lot of uncertainty and fear in the minds of workers today about machines displacing humans from their jobs. The TimesJobs survey finding brings to the surface this growing fear around automation technology. We can no longer live in denial. I firmly believe that more credible voices from the industry should come out and try and allay such fears around automation and our attempt through this survey was to highlight the issues”, said Sanjay Goyal, Business Head, TimesJobs and TechGig.
Leading sectors that will embrace automation in the future:
On a specific question on mentioning the industries other than IT that will lead the automation race, the Manufacturing sector emerged as a leader with 30% responses in its favour, closely followed by the Healthcare and Automobiles sector at second and third position respectively.
The disappearing element of Emotional Quotient (EQ) from the future workforce:
The ‘Future of Workforce’ survey reveals that the overdependence on technologies will eliminate powerful human traits like Emotional Intelligence, loyalty and decision-making from the workplace. The majority i.e. 53% of survey-takers revealed that the future workforce will be devoid of EQ and 28% say that the future workforce will lack attributes like loyalty.