Automation in IT to bring down jobs by half, in five years

Automation in Information Technology will bring down jobs by 50 per cent, in the next five years. The effect of automation is already seen in engineering, automobiles, manufacturing, IT and banking sectors. This will bring about at least 50 per cent cut in jobs, within the next five years. Four out of 10 jobs will become redundant. One in every four jobs that are going to be dropped, will be that of an Indian. Especially those works that do not need much thinking, will be lost. Obviously, students have to specialise in certain creative skills.