News9 Global Summit Germany Edition:Artificial Intelligence (AI) is the reality of today’s world. In such a situation, the biggest fear about it is whether it will take away people’s jobs in the future. So the answer to this big question was found in the News9 Global Summit of the country’s largest news network TV9 Artificial Intelligence: Advantage India? Industry veterans gave speeches during the session. He made it clear that due to AI, there will be no mass layoffs in the world i.e. there will be no ‘Mass Layoffs’. However, we will have to do skill development or upskilling of the people.
Artificial Intelligence: Advantage India? The session included Harshul Asnani, President, Tech Mahindra Europe, Anand Ramamurthy, MD, Micron India, Dr. Jan Niehues, Head of AI for Language Tech at the Institute of Anthropometric and Stefan Baer, Partner at MHP and Global Industry Sector Lead Supplier, and many others. Happened.
AI is the world’s most powerful development after the Internet.
While discussing about AI during this session, Harshul Asnani said that after the Internet, AI is the most powerful change in the world. He said that now there is no need to know whether AI will bring change. Rather, there is a need to discuss when this will happen, how it will happen and what will change from it?
Taking his point forward, another veteran said that now companies need to think about Artificial Intelligence, what will be its use case. If that is not considered, then it will become a matter of Too Much Technology. If investment is being made on AI, then it has to be seen what its returns will be.
The cost of AI will decrease
Industry leaders also talked about the expenditure on AI. Anand Ramamurthy said that whenever any technology comes, there is a lot of investment in it. It costs more. In such a situation, its cost will also reduce with time. While Dr. Jan Niehuis expressed the need to work towards improving the capabilities of AI and its data input in the future through research. Regarding AI, Stephen Baer said that what will be its form in future, it will become more clear in the coming time.
There will be no mass layoffs
The biggest fear about AI is that people will lose their jobs. On this, Harshul Asnani said that AI will not be the reason for mass layoffs in the coming days. Although some sectors and other types of jobs will disappear, such as coding, the industry is also focusing on upskilling people. Tech Mahindra has also upskilled 40,000 people in the last one year.
This statement was also supported by the MD of Micron India. He said that to deal with the challenges of AI, skill development of people will have to be done on a large scale.
