Machines and algorithms in the workplace were expected to create 133 million new roles, but cause 75 million jobs to be displaced by 2022, as per a WEF 2018 Future of Jobs Report. This means that a net of 58 million new jobs will be created over the next few years which would allow people to work with machines and algorithms to meet the demands of the current demographic shifts and economic changes. However, this may change drastically because of the pandemic and there would be substantial job losses which could take upto two-three years to recover.
M.K. Padma Kumar is involved in developing strategies and managing operations for the IPE Global Group.
He has over 25 years of experience in the development sector, working in civil society organisations and international development agencies like DANIDA and DFID. As the Head of State Partnerships at the DFID India, he was responsible for developing partnerships, programme design, management and strategic oversight of all programmes implemented in Bihar, Madhya Pradesh and Odisha. He has managed various development programmes. His expertise lies in driving operational, financial and programmatic transformations. Before DFID, he was associated with Danish International Development Agency (DANIDA), Help Age and World Wildlife Fund.
He holds a Master’s degree in Business Management with specialisation in Human Resource Management and Finance. He is extensively trained in Project Cycle Management, Grant Management, Performance Management, Leadership Skills and Change Management.
