Research must to address crisis in the job market for 4IR

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Economic Reporter :
Experts have underscored more investment in the research and innovation works to address automation-related crisis in the job market resulting from the fourth industrial revolution.
Expressing concern over the impact of the revolution in the job market, they said that Bangladesh is a tech-savvy country, with 60 per cent people under the age of 33 years giving us a demographic advantage, which we need to use.
 Hosne Ara Begum, Managing Director (Secretary) of Bangladesh Hi-Tech Park Authority (BHTPA), made the comments while talking to the Chairperson of Business Initiative Leading Development (BUILD) Abul Kasem Khan at the office premise of BHTPA recently. BUILD CEO Ferdaus Ara Begum was also present at the meeting.
Hosne Ara said it is very important to do proper research works to address these challenges and gave her direction on the next activities of newly formed 4IR and ICT thematic working committee of BUILD, which is co-chaired by BHTPA MD and BASIS President.
She said that a second meeting could be held at end of February 2021.
Abul Kasem said that Bangladesh is a tech-savvy country, with 60 per cent people under the age of 33 years giving us a demographic advantage, which we need to use.
Stressing on research and innovation, he said that we need to invest in research, innovation and skills.
He urged extensive research work for understanding the adaptation process of 4IR and automation in the public and private sector.
Following examples of India and their success in ICT, BUILD Chair said that we need to engage our Bangladeshi Diaspora working in different ICT sectors around the world for shaping our 4IR strategy.
Ferdaus Ara Begum said that the impact of 4IR is not the same for every sector and we need sector-wise study to understand the scenario.
She said that BUILD’s 4IR and ICT working committee is going to start a gap analysis of Bangladesh in the field of 4IR with the help of e-CAB, BASIS and BHTPA and this study will help us understand our position in 4IR in the globe.
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