Aarit Das
Class of 2027Canton, Michigan
About
Hello, my name is Aarit Das and my Polygence project is on the evolution of the tech sector the past decades. I chose to work on this project because this topic is something I'm curious about, and I believe if we are able to study the past of the tech sector we can see what may conspire in the future. After my project is complete, I would like to present this with many people to get they're opinions, and discuss with likeminded people to improve my study, and further my knowledge on this field.Projects
- "To what extent will technology affect unemployment in the next decade?" with mentor Atharv (Oct. 26, 2024)
Project Portfolio
To what extent will technology affect unemployment in the next decade?
Started July 11, 2024
Abstract or project description
The adoption of newer technology has a profound impact not just on the broader economy but also on the unemployment rate. In this study we aim to better understand the effects of future technology on the unemployment rate by leveraging correlation and regression techniques on the unemployment data collected from the Bureau of Labor Statistics Data (BLS). This information is considered reliable since the government collects, updates and consolidates the data from within a large population in the US. Our analysis shows that a major event, technological or non-technological, initially causes the employment rate to go high but gradually as society absorbs the impact of the event, the unemployment rate goes back to previous levels. During this cooling off period, new innovations gradually transition from a groundbreaking invention to critical components of the machinery a society gets dependent on resulting in creation of new kinds of job.