Odisha News Hour

IBM India says AI will generate more employment than it eliminates

<p>According to Sandip Patel, Managing Director of IBM India/South Asia, when generative artificial intelligence (AI) starts to threaten certain occupations, it will actually generate more employment opportunities than it eliminates.</p>
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<p>In an interview with IANS, Patel claimed to have seen the advancement of technology and other breakthroughs throughout time.</p>
<p>AI will, in my opinion, generate more employment than it eliminates. When people think about completely new employment, they normally become really terrified. Consider the Internet as an example. When online publishing and other web-enabled activities became commonplace, it resulted in a reduction of jobs in certain industries, such as newspaper printing, the speaker said.</p>
<p>Millions of people are employed in these completely new employment categories, which included web design, data science, digital marketing, and online publishing, he said.</p>
<p>Re-skilling will thus be crucial, Patel said. This is something we have been very clear about and keep repeating.</p>
<p>There is still much more to be done, even while 46% of Indian businesses now educate or reskill staff to collaborate with automation and artificial intelligence technologies.</p>
<p>He said, “It is evident that the government acknowledges this.”</p>
<p>Looking at the workforce inside the company, half of them indicate they are eager to work with new automation and artificial intelligence technologies.</p>
<p>The issue that now arises is: How can a large group of individuals be trained? Not everyone has the skills necessary to construct AI or write programming, and so on. Working with these technologies as they develop is a skill that must be acquired, Patel told IANS.</p>
<p>The secret to India’s advancement in AI, according to Minister of State for IT and Skill Development Rajeev Chandrasekhar, is technical skill rather than chip-driven computational capacity.</p>
<p>“One of AI’s most basic challenges is talent. Universities must provide master’s and doctoral degrees in AI. I can’t sleep at night because of talent. “The infrastructure pieces will be resolved expeditiously,” he said at a December event.</p>
<p>He emphasized that the IT sector, academic institutions, and governments everywhere must seriously collaborate to shape the talent pool for AI-related occupations in the future.</p>