Indian businesses prepare for the high-yield of AI productivity. As employees worry about their future. The future can go either way.
The recent AI summit in India was an eye-opener for many businesses. A single truth: profits are coming for those who own the infrastructure. However, for the employees, this signals a portent of anxiety.
A dark cloud that affects the livelihood of millions of people in India. Yes, India wants to be the manager of the world’s entire data. And the cost of this decision might be one that devastates a large population.
However, Wipro’s Chief Strategist and Technology Officer Hari Shetty said that he expects AI to create more jobs than it displaces. A very unconventional view amidst all the chaos- and maybe a welcoming one.
He says, “When you look at the entire gamut of things that’s possible, it really appears like a large opportunity for us.” “What you’re seeing today is basically task automation. What we are really talking about is autonomous enterprise, which is a completely different ball game that will require IT services companies to work deeply with clients to actually convert them.”
Essentially, he is talking about partnerships moving from deliverables to strategic work- in the sense that multiple companies will work together to grow each other through this new work.
He heralds the coming of the creative age, one that is marked by collaboration. However, this might be too optimistic; he does say that the differentiator will be those engineers who know AI vs those who don’t.
The future and developments of AI are yet to be seen. Maybe it is like the internet- a structure, and it is the people who will give it form.
