Abstract
The fourth industrial revolution is upon us with systems of intelligence connecting the physical world to the virtual. One of the main impacts of this technological revolution is automation of jobs which has massive and urgent macro and micro level implications. 69% of jobs in formal employment in India would be automated with additional job losses in informal employment. Automation calls for three types of policy responses- redeploying our resources to build data infrastructure, reskilling the workforce and rethinking social policy to protect labour rights.
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