The world is changing and it is changing fast and, perhaps, no where is this change more relevant than it is in the labour market. Let us take a moment to analyse the meaning of market before I delve on this point more deeply. A market is a place where buyers and sellers interact and both contribute to each other’s welfare by engaging in a transaction. A labour market is a market where the employers and employee interact and the employee are able to trade their skills in return for compensation. As technology has become more sophisticated, the associated skills required in order to be do well with the evolving technology have also become highly technical and that, therefore, requires significantly higher level of education and training than ever before. That market where most of the transactions are taking place has more digital and that change is likely to continue and intensify.
A natural question, given all this, should be what can anyone do. You will have to update yourself with the latest skills that are high in demand in the market. No skill being more important than data sciences toolkit.
In this blog post, I will walk you through all the points given under blue color and link them in order to make sense of them.
I would say that the world is fast moving towards a labour which many had dreamt of but it is now increasingly a reality.
1. The first point homes in on the fact that you can work anytime. Time is a relative concept because it is all about skills and knowledge. Those who have the requisite skill and knowledge will be able to achieve their daily targets and objective very quickly that is if they know how to do so, that is. For this, you need to have at your disposal sufficient, that is not too little or not too much knowledge. Just enough so that you can execute your daily targets at will and also have the This is because, in the end, all that matters is output and that can be achieved working anywhere
2. The second is that you can work anywhere and use your own device. Eventually, it will all be about focused on outputs. As you become your own boss, you are only going to be driven by how much you want to accomplish in a day. That is why, it is imperative
3. By doing all of these, you will create your own ladder. You will create your own ladder because you will be able to do customized work.
4. Previously, the employees were focused on inputs. Now, it is all about the outu
5. The fifth point is that that individual can create its own ladder. The point is
6. The sixth point is about customized work.
7. The seventh point is about sharing information.
8. The eight point is that the employee can become a leader.
You will be able to share information and can become a leader in your respective fields.
The labour market as it is has been traditionally is now changing for ever. Gone are the days when the
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The gig economy is worth billions of dollars.
To be able to thrive and also go beyond mere thriving but making the most of the opportunity
Companies are looking to be able to hire freelancers and get the work done and it is a model which will increasingly become relevant
The dynamics have changed completely.
There is a reason the gig economy has
Technology has exploded the gig economy
The skills that you acquire from here would be useful both from the point of
Given this being said, the new education policy that has been introduced in this country is for this reason precisely. Students
Data is going to be generated in bulk
Therefore, given all this, the course on linear regression should be done by all. Though the linear regression course but most complex ideas in both business and academic world are implemented by the use of this model. Data sciences in all its complexity is also
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