“Jobs Don’t Go Away Because Of Technology; Jobs Are 

Created Because Of Technology.”

   

Anil Kumar Kummari

The re-emerging technologies such as AI, Internet of Things, Augmented Reality/Virtual Reality (AR/VR) were all part of the change and they will converge to make things better for humans. Vijay Chandru, Chairman of Strand Life Sciences, talked about the opportunities through IT-biotech linkages. On the decision-making capabilities of AI in healthcare, he had this to say: “At no point will that be allowed to happen. Advances in AI will only increase the productivity and effectiveness of the system.”

Nivruti Rai, Country Head, Intel India, said that new-age chips can mimic the human mind and that Intel is working on revolutionary developments in AI. “AI has been a part of Intel, along with several other companies for almost half a century, in terms of using AI for hiring, safety” Shifting the focus to driverless cars, Kamal Bali, MD of Volvo India, emphasised on the much-needed push for electric vehicles. He then went on to trace the opportunities, possibilities, and challenges for the Indian auto sector of the future. Kamal also has a unique outlook on the labour market of India. “We have enough manpower in India. Places to network, however, are limited and we must focus on handling change,”

A key argument made by Nivruti in the CEO Roundtable at the Bengaluru Tech Summit was that “jobs don’t go away because of technology; jobs are created because of technology.”

Kiran Mazumdar Shaw, Chairperson and Managing Director of biotechnology company Biocon said due to the convergence of AI, life sciences, IT and data analytics “digital health” is turning into a big opportunity. She said the use of sensors and cameras is becoming very rampant when it comes to diagnosing healthcare problems. “I am very pleased to see a number of startups in these areas.

However, Employees want and need additional skills to embrace the opportunities – and companies must respond. Businesses that will succeed in this new world will be those that ramp up fast to invest in the right AI tools and upskill their workforce.”

Reference:-

1)    https://yourstory.com/2017/11/artificial-intelligence-will-complement-human-effort-bengaluru-tech-summit/