AI to boost productiveness, may lead to job cuts, says Chandra

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BENGALURU: Tata Sons chairman N Chandrasekaran mentioned at the same time as AI will improve productiveness, it may additionally end in job losses.
“It’s a mixed bag. We need to reskill and upskill to handle this change. While there will be job losses, AI will create jobs in data management,” Chandrasekaran, who can also be TCS chairman, mentioned on the firm’s AGM held just about on Friday.He was responding to a query from a shareholder.

Chandrasekaran mentioned GenAI could have a big impression on almost each sector and nation in future. “All industries will witness higher productivity. Enterprises have already invested in cloud, data infrastructure and large processing power which will aid AI/Gen AI. GenAI will not only improve productivity, but also create impact we hitherto have not seen or imagined.”
As firms discover the enterprise-grade adoption of GenAI, Chandrasekaran burdened on the significance of rules to mitigate dangers and safeguard towards the adverse penalties of AI. He mentioned the Tata Group is executing 100 GenAI initiatives that are demonstrating tangible enterprise impression on buyer expertise, productiveness, and effectivity. TCS has upskilled 300,000 staff in GenAI.


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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