Dear Prof. Ashok Pundir, most sectors may experience just that. Now I hardly visit banks, cable TV office or Common. office because I can do all with my mobile. However, good thinking, innovative idea and hard work will provide man with benefits and make life worth living.

side by side it is creating new jobs, such as e-commerce

In future, people not having good level of education will find it difficult to earn even a minimum amount of money.

Very quick change of technologies is one reason for it. There are many other reasons related with international economics, business etc. will also work behind it.

Thanks.

Thanks a lot Dr Shibabrata for your useful contribution.

Thanks a lot Dr Segun for your nice response.

Thanks a lot Vishnu for sharing your response.

Thanks a lot Dr Mushtaq for your useful response.

Yes, it is true for uneducated persons.

But new technologies and internet facilities are also creating numbers of jobs for computer and IT literate people.

Thanks a lot Dr Mahesh for your nice answer.

Dear Dr Ashok I think it is true to some extend and certain countries depending upon their status of progress and expansion

Thanks a lot Dr Lamia for your valuable contribution.

Yes! This a classical tech-know-logical process of 'creative destruction'; the market alone cannot do it, wise policies have to be worked out to enhance employment opportunities and sources of income, by labor and entrepreneurship. Something like a 'learning revolution' is needed to see the dangers in the road. The political economy of exponential knowledge automation, with reference to job creation, is a definite humanitarian problem of the next 20 years.

Thanks a lot Dr Stephen for sharing your detailed valuable response.

Yes am agree with the statement.

Regards

Dr Kamath Madhusudhana.

Thanks a lot Dr Kamath for your useful response.

The adoption of new technologies will actually create more economic opportunities for more people if the technology is going to be applied more widely and become available to more people or communities

Thanks a lot Dr Qais for your nice contribution.

Thanks a lot Dr Mishra for your nice response.

Thanks a lot Dr Borden for your nice contribution.

Thanks a lot Dr Arben for your nice detailed contribution.

Yes this may be so if the country failed to develop their human resources towards technology inclined disciplines

No. Look at the USA, the most technologically advanced nation on Earth. They can’t find enough employees because they simply removed some regulations and provided tax cuts!

This will depend a lot on the sector. Technology will displace jobs in some sectors such as banking, customer service, etc. It can create jobs for qualified persons in high tech areas that may involve programming or robotics or any other automation aspects. Some highly labour-intensive low skill jobs may not be affected by technology although there is no telling if in the future machines may replace labourers.

Thanks a lot Dr Amir for sharing well explained response.

Thanks a lot Dr Akinyemi for your useful contribution.

Thanks Dr Srini for your useful contribution.

Technology has create an efficient environment for every sector most especially the human part to improve productivity. We must all embrace it as it does not cause job loss in the long run.

Yes, the emergence of technology such as the Internet of Things (IoT) and Artificial Intelligence will sure displace human from their jobs. Five more years to come.

Thanks Dr Olorunfemi for sharing your nice response.

Thanks Dr Michael for sharing your views.

Once Stephen Hawking has said that time would come when the control of the world would rest in the hands of machines. Definitely new technologies have the ability to enhance productivity but one can't undermine the risks and threats that they brings to the table. Apart from obvious increased rate of unemployment in possibly all sectors, non-cost efficiency and inability of self replacement are some of the loopholes which needs to be discussed on wider base.

Thanks a lot Dr Arvind for sharing your elaborate response.

I think yes