Nand Kishor Contributor

Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc... ...

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Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc...

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3 million at risk from the rise of robots

Apr 11, 2018 | 13230 Views

Advances in technology can prove to be a boon for the mankind at one hand and on the other hand it can threaten their very survival. Development of automation and robotics is one such example which according to Bank of Thailand can threaten almost 3 million workers in the coming decade in Thailand.

 

According to Nuntanid Thogrsi ,who is an economist for the central bank, to begin with, workers and cashiers in the manufacturing units performing simple and repetitive tasks will be the ones to be affected  because robots can replace them more easily. The entrepreneurs are attracted towards acquiring the robotics systems because these technologies are becoming cheaper everyday coupled with the fact that cost of human labour is going up. According to a prediction by the central bank , automation and robotic systems are likely to acquire center stage in the industrial sector in Thailand in coming decades.

 

There is a rising mismatch between the skill sets in demand and those produced in the country. Whereas, the industrial sector today needs more skilled labors like engineers, technicians and computer programmers, the country is producing more of fresh non-skilled graduates. And these non-skilled graduates are the ones facing greater challenge to find job opportunities since they are not conversant with the new technologies being used in the manufacturing sector . Additionally they are the ones who are also at risk to loose their potential jobs by the process of automation.

 

In Thailand, the three highest paid workers are employed in manufacturing facilities related to automotive , rubber and plastics and electronics. However, these are the very three sectors which have adopted automation and Robotic systems to the maximum thereby threatening the jobs of this cream of labor class. As of now, according to the statistics released by the International Federation of Robotics, Thailand is ranked at number 10 in terms of application of technology in the manufacturing units.Though in real numbers it stills lags far behind other South-Asian countries.While South Korea has 631 robotic systems per 10,000 workers followed by Singapore at 488 and Japan with 303 systems, Thailand still employs about 45 robotic systems per ten thousand workers.

 

So this is a wake-up call for the Thai government to define and implement policies related to education system according to the needs of the time.Focus should be to produce more of skilled and semi-skilled work force which can meet the industry needs and also reduce the number of unskilled workers graduating out every year.This will restore the balance favorably and give industries in manufacturing units to employ automation and robotic systems widely without increasing unemployment rates skyhigh.

Source: HOB
Nand Kishor Contributor

Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc... ...

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Follow on

Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc...

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