Thoughts on Widespread Unemployment and what the Indian Government Could Do About it - Views Not Based on Statistical Analysis! During a recent conversation, a friend mentioned that his car had the automated parking feature. I wasn’t aware that any aspect of driverless technology had been commercialised, which is what led me to have the discussion with both of them. We all must’ve read about Uber testing driverless taxis in Singapore and elsewhere a few months ago. We’ve seen how technology is making inroads in aspects of our lives that we wouldn’t have imagined a few decades ago. I mentioned to both that this could mean widespread shrinking in entire professions, or their elimination. I related it to a book my father had read in the nineties, in which the futurist (I can’t recall if it was Alvin Toffler or someone else) predicted that with increasing advancement in technology, in this century employment will exist for only 20% of the world’s population, while the remaining 80% w...
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