White collar jobs to be impacted more by Gen AI

IIT Delhi in talks with Taiwan seeking knowledge about Semiconductors

Semi Conductor Technology

Image Source : Times of India

  • 11 Taiwanese universities led by Deputy Minister of Education, Dr Mon-chi Lio, visited New Delhi for the ‘Indo-Taiwan Educational Cooperation Forum on Semiconductor’

  • The visit aimed at enhancing collaboration in talent cultivation and joint degree programs, especially in VLSI circuits and systems

  • 50 MoUs were signed between 40 Indian and 11 Taiwanese universities, focusing on semiconductor curriculum and programs

  • Delegates visited the semiconductor industry in Greater Noida, STMicroelectronics, and participated in 'The Inventors Challenge 2023'

  • Prof Rangan Banerjee of IIT Delhi discussed potential collaborations with Taiwanese universities

  • Agreements for student exchanges and joint degree programs, particularly in VLSI Circuits and Systems, were made

  • Delegates visited Delhi Technological University (DTU), interacted with faculty, and explored collaborative opportunities

  • Indian students and workforce in Taiwan have increased, aligning with India's semiconductor industry development goals

  • Taiwan's MOE is introducing more opportunities and scholarships for Indian students

  • The visit contributed to broadening people-to-people links between India and Taiwan, expressing gratitude to AICTE's support.

IIT Research

  • As technology evolves, devices become smaller yet generate more heat, posing a challenge.

  • Researchers explored microchannels to manage heat transfer; these pathways efficiently move heat away.

  • Smooth liquid flow within these microchannels obstructs effective heat dissipation.

  • Introducing controlled whirlpools within microchannels via the Onsager-Wien effect enhances heat transfer naturally.

  • Collaboration between Khalifa University of Science and Technology and IIT Madras used computer simulations to validate whirlpool-induced heat dissipation.

  • Implementing this method nearly doubled heat removal without substantial energy increase.

  • Esteemed experts like Prof. Danesh Tafti and Prof. Gaurav Tomar praised the research for its efficient heat management without excessive energy consumption.

  • This breakthrough promises more efficient device functionality by resolving heat-related issues effectively.

Drone Technology

Image Source : Cropinfo Crop India Information

  • Drones are increasingly significant in agriculture for efficient heat dissipation, monitoring, and pesticide application.

  • Agricultural drones are key for precision agriculture, providing detailed crop insights, aiding timely interventions.

  • Their precision reduces crop losses, increases spraying efficiency, and contributes to environmentally friendly farming.

  • Despite initial costs, drones enhance productivity by reducing trampling, fuel consumption, and operating expenses.

  • Challenges include regulatory hurdles, technical complexities, and environmental considerations.

  • Anticipated future prospects involve continued advancements in precision agriculture using drones and increased market demand.

Startup World

Venture Capital funding in India nose dives by over 67% during Jan - Oct this year

  • India experienced a considerable decline in VC funding deals and total funding value from January to October 2023 compared to the same period in 2022.

  • The number of VC deals dropped by 38.6% from 1499 deals in 2022 to 920 deals in 2023, and funding value plummeted by 67.1% from $19.2 billion to $6.3 billion during the same timeframe.

  • Investors are showing caution in backing Indian startups due to concerns surrounding companies like Byjus, resulting in reduced funding and reluctance towards large investments.

  • Despite the decline, India remains among the top five global markets for VC funding activity, accounting for 5.4% of total deals and 3.1% of disclosed deal value between January and October 2023.

  • Noteworthy VC funding rounds exceeding $100 million were secured by Indian startups like PhysicsWallah, Perfios Software Solutions, PhonePe, Zepto, and Zetwerk, indicating resilience within the startup ecosystem despite subdued investor sentiments.

Artificial Intelligence

  • According to a recent report, Gen AI is more likely to affect white collar jobs than blue collar jobs

  • Job roles such as accounting & book keeping, administrative roles that involve repetitive tasks such as answering (or) directing calls can be replicated by generative AI.

  • More than 30% time spent on white collar jobs every week can be performed by generative AI.

  • Employees need to look to the future to get a better understanding of jobs that are under risk from AI or jobs that can be created by AI.