Xpheno

I’m happy to share that I’m starting a new position as Delivery Manager at The Edge Partnership - The Edge in Asia !

You know your boss isn't tenable to you, your peers, and maybe to the organisation. You escalate, but still nothing changes. Latest episode of #WorkplaceDynamicsPodcast

Of late, any enterprise announcing layoffs has an ‘Impacted by AI’ label on it. However, the top 10 AI-funded companies, including OpenAI, Anthropic, and Perplexity, have added 7,500 new employees over the last 12 months. Are we alluding to the ‘lump of labour’ fallacy, the mistaken economic belief that there is a fixed amount of work to be done in an economy, meaning if one person works more or faster, another works less? It incorrectly assumes that increasing automation, immigration, or productivity causes unemployment. According to Goldman Sachs analysis of 40 years of labour market data, workers who lost jobs due to technological changes saw an average 3% drop in real earnings compared to those displaced by stable roles. In the 10 years after losing a job, such workers saw earnings growth that was 10 % points lower than those who remained employed. A country that exported close to $ 300 billion worth of software services last year has been the dream destination for the 850,000 fresh engineers passing out every year. This cohort of engineers has mostly chosen the IT sector over sectors like manufacturing due to the economic viability of the jobs offered and the continuous scale at which the industry has grown over the last 3 decades. From the time every neighbourhood kid we knew went onsite to someone close to us getting laid off, the Tech reset is hard-hitting. Suzy Welch’s best-selling self-help book ‘Becoming You’ has a take on ‘purpose’. She writes that it requires taking action to "go through the fire" of self-discovery and purposefully constructing the bridge between the life you are currently living and the life you want to live. Knowing what you know now, would you have taken a different career path after college or advised your family and friends to pursue something else? My column in today's Hindu Business Line!