Outlook for the the services sector in India – a point of view
The technological advances could have a negative impact on the agricultural sector workforce if machines only replace human labor. Agriculture sector has to use technology to make farming more effective. For example, IoT-enabled sensors on the farmland can perform a soil culture test and take a decision on the amount of fertilizer, manures, and water needed. Results can then be validated with the meteorological data on rainfall and temperature. Such technological advances would help farmers do farming more effectively and efficiently.
The service sector will benefit from this technological boon as robots can be utilized to perform the mundane repetitive jobs, starting from all Level 1 support in customer care centers, teller services in banks, check-ins in airports, waiting services in restaurants, and even coding and testing in the IT industry.
As these robots keep learning on the job due to their machine learning capability...