Tech jobs to see highest growth: Report

NEW DELHI: Traditional jobs such as farmworkers, delivery drivers, construction and food processing workers and salespersons are expected to see the highest growth in absolute numbers over the next five years, although in percentage terms, it will be the tech jobs with AI and machine learning (ML) being the most sought-after skills, said a new report released on Wednesday.

The World Economic Forum's (WEF) Future of Jobs report concluded that clerical and secretarial workers could see the largest decline in absolute numbers with health workers and education seeing robust rise. In India, specialists in Big Data, AI and ML, and security management are seen to be in demand.

The report said that structural factors - from broadening digital access to higher cost of living, climate change mitigation, demographic shift and geopolitical fragmentation - could displace 8% or 92 million of the current workforce, but they will also create around 170 million new jobs, which is 14% of the current workforce.
In India, increased digital access, geopolitical tensions and climate-mitigation efforts are seen to be the primary trends shaping the future of jobs. The report said that Indian companies are heavily investing in AI, robotics and autonomous systems, and energy technologies with employers looking to outpace global adoption in technologies such as semiconductors and computing technologies and quantum and encryption to transform their operations.

The WEF study said that the US and India are seeing the highest enrolment for AI skills with corporate sponsorship playing a significant role in boosting GenAI training uptake in the country.

"Analytical thinking remains the most sought-after core skill among employers, with seven out of 10 companies considering it as essential in 2025. This is followed by resilience, flexibility and agility, along with leadership and social influence," the report said on the global outlook.

While identifying skill gaps as the biggest block for businesses, the report said: "On average, workers can expect that two-fifths (39%) of their existing skill sets will be transformed or become outdated over the 2025-2030 period."

Source: https://timesofindia.indiatimes.com/business/india-business/tech-jobs-to-see-highest-growth-report/articleshow/117068575.cms#:~:text=Traditional%20jobs%20such%20as%20farmworkers,also%20create%2014%25%20new%20jobs.