Insights Practice Leader Insights Practice Leader, Deloitte LLP, said AI will not take away jobs but will eliminate some soft jobs and create new roles. “AI, along with people, will replace people… It’s not just about AI replacing people. You still need humans in the loop,” he said. Tandon linked the current scenario to the fear of job roles being lost when IT, technology and computers come into the scenario. “Look at how IT is changing, it’s not just about AI replacing people. It’s not about AI replacing people. It’s …
“How many jobs have been created across the world by technology? Same is going to happen with AI. It is going to be ubiquitous, just like some of the biggest supercomputers are on your phone today, some of the most powerful AI algorithms will be with you, in your purse, in your wallet, in your pocket”, he said. “It is going to be something that we will talk about. The way we talk about it or don’t talk about it, it becomes a part of our lives,” he added. Tandon reiterated that this is not the first time a new technology has come and there is a risk of job loss. “We have done this before with automation, call centres etc. We have automated some easy things. What it leaves behind are difficult problems for humans to solve”, he said.
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HR and some shared services. “We are seeing energy adopting some very interesting use cases from an industry perspective, which has a huge impact,” he said. Read: Wi-Fi penetration continues to fall in India despite efforts by govt and telcos: DST Secretary Tandon shared an example of how using computer vision, AI and the ability to compute and process quickly has made it possible to identify and manage forest fires. Consumerisation, banking and hospitality are some other sectors that are harnessing the power of AI, he said. He further added that while it is important to establish safety and regulation for AI, they should be dynamic in nature. “There will be businesses that will initially feel they are being bullied, but over time as these regulations catch up with them, what it means for them in the medium to long term, they will only be filled with gratitude and appreciation. I would advise that these should not be point-in-time regulations,” he said.Stay connected with Janta Se Rishta for news updates
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2024-07-01 05:33:21