Harness technology to create employment

Currently, Bhutan has a huge problem with unemployment and job forecasting.

For instance, a huge number of engineering students are being churned out on a regular basis but they donโ€™t have jobs. Whom do we blame? The labor ministry for failing to forecast employment or the education sector for the same?

Itโ€™s a shame that a commendable number of bright, engineering graduates remain jobless to this day. And if it is so for engineering students, we can only imagine the amount of resource wastage in other areas too. For example, mismatch of college courses with vacancies available in the market or mismatch of skills required with actual college education.

So what could be done to combat this trend of fruitless education and growing unemployment trend? His Majesty in his recent speech to the RIM graduates said that technology should be used to solve problems including creating jobs. He said that if we harness technology the possibilities are limitless.

We need a kind of system in the education and labor ministry that can forecast what kind of skills are needed to survive or are most viable in the market and go about creating employment in the sectors forecasted.

His Majesty also said that now is the time to think about how to make use of technological advancements such as digital identification, artificial intelligence, block chain, internet of things, big data, quantum computing, machine learning, virtual reality and augmented reality among others but if we look at our school or college curriculum we see that they are outdated. We have almost obsolete curriculums in our education system that do no cater to current employment needs.

That way, we need smarter, modern and technology-savvy curriculums for our youth that can help pave the way to better employment opportunities.

His Majesty did not stress on the importance of technology just for the sake of it. It is because technology is so very important in this day and age to make life easier, more efficient and productive.

Itโ€™s time we used technology to the optimum and incorporate it in such areas as education, health, governance, democracy, agriculture, and so on.

Using technology to predict the employment scenario, create jobs and equip our youth with the requisite skills is just another valuable side of this multifaceted tool.

We already have droves of youth who are unemployed and more entering the job market every year. It is high time we updated our database, tools to assess and took charge of the situation. If we donโ€™t tackle the situation now, it will be too late or never.