IBM Managing Director Sandip Patel believes that artificial intelligence (AI) will create more jobs than it destroys, despite concerns about job displacement. He pointed out that similar fears arose with the advent of the Internet, leading to job losses in certain sectors like newspaper printing. However, the emergence of new job sectors such as web design and data science provided employment opportunities for millions.
Patel emphasized the importance of re-skilling in adapting to AI and automation tools. Currently, 46 percent of companies in India are training or re-skilling employees to work alongside these technologies, with more efforts needed in this area. He also highlighted the need for collaboration between the tech industry, academic institutions, and governments to shape the future pipeline of talent for AI-related jobs.
Minister of State for IT and Skill Development Rajeev Chandrasekhar echoed the importance of talent in AI, emphasizing the need for universities to produce more AI experts. He stressed the necessity for the tech industry and academic institutions to work together in building the necessary talent pool for AI-related jobs.
Overall, the consensus is that AI will generate more job opportunities than it eliminates, provided individuals are willing to adapt and upskill in alignment with technological advancements. The key lies in preparing the workforce for the evolving landscape of AI-related jobs.
