Monday 10 December 2018

SOFTWARE SUPER-POWER INDIA MUST LEVERAGE WEB 3.0

Peter’s WEB 3.0

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Here is what Peter Diamandis expects in WEB 3.0 :

[ source : https://www.diamandis.com/blog/topic/web-3-0 ]

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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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