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Shelf-Life Of Skills Now Only 2-3 Years, Says Nasscom Chairman

As corporates are reinventing themselves, individuals also need to reinvent themselves: UB Pravin Rao.

A stream of binary coding is seen displayed on a laptop computer screen. (Photographer: Chris Ratcliffe/Bloomberg)
A stream of binary coding is seen displayed on a laptop computer screen. (Photographer: Chris Ratcliffe/Bloomberg)

The shelf-life of skills in the information technology space is now only two to three years, chairman of industry body Nasscom UB Pravin Rao said.

As corporates are reinventing themselves, individuals also need to reinvent themselves to stay relevant, said the Infosys Ltd. Chief Operating Officer. “Shelf-life of skills is becoming short, 2-3 years,” said Rao, who was the chief guest at an online graduation ceremony for approximately 2,800 learners, hosted by edtech firm upGrad.

Machines and algorithms in the workplace are expected to create 133 million new roles, a joint statement quoted him as saying. “People need to unlearn, learn new stuff and therefore commit to lifelong learning. This is critical to stay relevant and employable,” Rao said.