Panel

Experts Predict Inevitable, Far-Reaching Tech Revolution

Thiruvananthapuram: A technological upheaval, with far-reaching consequences playing out on a larger scale and smaller time-frame than even the Industrial Revolution, is imminent, say experts. They called for a paradigm shift in how businesses and employees plan to navigate this sea change.

“While change is a welcome constant, the adaptability of entities already in Kerala’s IT ecosystem will be severely tested. They will need to prepare substantively for rapid change to stay relevant since emerging players and students will already possess the skills to succeed in the new landscape,” said M. Sivasankar, Kerala Electronics and IT Secretary.

He was speaking at a panel discussion on “Staying Relevant at the Age of Disruption” held at Technopark on Wednesday as part of a high-profile summit, “Disrupting Kerala 2017.”

The event was held to examine emerging trends and challenges in an in flux IT landscape. The conference, marking the 50th edition of the FAYA:80 tech conclave series, was organised by the Kerala Startup Mission (KSUM) in association with NASSCOM and ICFOSS.

“Much like how the Industrial Revolution created a new set of jobs, so too will this change offer great opportunities to those prepared for them. We should ride the tide. Kerala is adaptive. We should be able to champion, pioneer and internalise the change in a manner that benefits the entire society.” Sivasankar said.

Michael Gord, Bitcoin Canada founder; Rahul Alex Panicker, Embrace Innovations co-founder; Prof. Nandini Vaidyanathan, CARMa Venture Services CMD; and Dr. Asharaf. S, Associate Professor at IIITM-K were present during the discussion, which was moderated by Anoop Ambika, CLAP Research founder.

In his speech, Gord noted that while “non-creative and non-empathetic jobs would be replaced sooner, those professions will eventually be automated as well with the increasing transparency and reliability of machine to machine communication”.

He also predicted that livelihoods in general will be made obsolete. “A guaranteed universal basic income will be the norm in the future.”

The day-long event saw leading innovators deliver seminars and workshops on a range of topics.

Live demonstrations of home-grown virtual reality, augmented reality, mixed reality and bionics products by a number of startup firms were also held.