Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Sunday, 9 December 2018

Peter’s WEB 3.0




Here is what Peter Diamandis expects in  WEB 3.0 :


[ source :



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Extract :

  Virtual Training, Real-World Results

·         Then in September 2018, Walmart committed to a 17,000-headset order of the Oculus Go to equip every U.S. Supercenter, neighborhood market, and discount store with VR-based employee training


·         VR educational facilities with exact replicas of anything from large industrial equipment to minute circuitry will soon give anyone a second chance at the 21st century job market

·         Want to be an electric, autonomous vehicle mechanic at age 15  ?


Throw on a demonetized VR module and learn by doing, testing your prototype iterations at almost zero cost and with no risk of harming others


·         As tomorrow’s career model shifts from a "one-and-done graduate degree" to continuous lifelong education, professional VR-based re-education will allow for a continuous education loop, reducing the barrier to entry for anyone wanting to enter a new industry



  Rise of the Virtual Workplace & Digital Data Integrity

·         In addition to enabling an annual $52 billion Virtual Goods marketplace, the Spatial Web is also giving way to “virtual company headquarters” and completely virtualized companies, where employees can work from home or any place on the planet

 

·         Delocalize with VR, and you can now hire anyone with Internet access ( right next door or on the other side of the planet ), redesign your corporate office every month, throw in an ocean-view office or impromptu conference room for client meetings, and forget about guzzled-up hours in traffic.

·         Throw in the Spatial Web’s fundamental blockchain-based data layer, and now cryptographically secured virtual IDs will let you validate colleagues’ identities or any of the virtual avatars we will soon inhabit


 

·         While converging technologies slash the lifespan of Fortune 500 companies, bring on the rise of vast new industries and transform the job market, Web 3.0 is changing the way we work, where we work and who we work with.

·         Life-like virtual modules are already unlocking countless professional training camps, modifiable in real-time and easily updated

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HOW  MUST  INDIA  LEVERAGE  WEB  3.0  ?

 

·         There are around 15,000 skill training centres in the country right now, which are inadequate for India’s size.

 

·         We need to train at least 2 crore people every year, but right now we’re training only 1.05 crore. We need to double our capacity


 

·         Each year, some 12 million youth join the work-force, looking for jobs

 

·         Of these , no more than 2 million manage to find jobs , with private / public sector

        

·         Capital investment required to create just ONE JOB, could range from Rs 10 L – 100 L

 

·         Private sector or the public sector do not have funds to create so many new jobs – nor such a huge domestic market which would justify hiring all 12 million


 

·         Our only hope is to turn India into ,

               " BACK FACTORY " OF THE WORLD ?  [  09  Sept  2015  ]



·      This is NOW possible, if our Policy Makers decide to leverage WEB 3.0 , for skilling 2 crore youth each year , right from their ( internet connected ) homes , eliminating need for setting up another 15,000 ITIs ( buildings – machineries – teaching staff etc ) . Virtual Training courses will need very little investment and very quick implementation !



·         Such Virtual Training courses ( using VR headsets ) can be configured around the needs of other countries which are facing shortage of skilled manpower for specific jobs ( Eg : Japan just passed a law to allow thousands of Skilled Migrants from abroad for construction, nursing, farming, transport and tourism — new categories of jobs to be added to the current list of highly skilled professionals.

         source :

https://www.tvnz.co.nz/one-news/world/allowing-immigrants-only-option-japan-oks-divisive-bill-more-foreign-workers

 

·         Such Virtual Training courses can be sourced from those Foreign Companies themselves which are facing such manpower shortages , or from Professional Bodies representing such industries in those foreign companies

 

·         Our very own Start Ups would flourish by supplying millions of VR headsets ( to be purchased by the Central Government and then given away FREE to trainees who register on NSDC web site for specific courses , after verification of internet availability at their homes ). Other Start Ups may even design VR courses



·         Exams – Tests – Certification of VR TRAINEES will be online from their homes ( no fixed date / time for appearing in online exams ) and without human intervention


·         Foreign Employers would interview these ( passed out ) trainees using a portal such as :

        ONLINE   JOBS   FAIR


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Related  Reading :

Will Holograms beat H1B Visa Ban ?   [  31  Jan  2017  ]


Can Indian IT Re-invent itself ?          [  03  Feb  2017  ]


Idea whose time has come ?              [  16  Feb  2017   ]


Wormholes Across the World ?           [  03  Mar  2017   ]


Brain Inc 2.0                                    [  21  Aug  2017  ]


National Jobs Policy : Treasure Hunt   [  15  Dec  2017  ]



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10  Dec  2018




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Added  on  11  Dec  2018 :


Very recently, Jaguar teamed up with Gorillaz to create a reality app. This app gives and teaches the candidates how to handle electric vehicles and in turn engaging in code breaking puzzles. Jaguar claimed that this will test their cognitive and lateral thinking.

source : 

How VR is changing the world of Recruiting ?  

 



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