Artificial intelligence will be positive for the job market

The positive impact of artificial intelligence for the labor market is the new claim of one of the executives of the Indian technology sector.

Gurnani, one of the longest-serving CEOs in India's $245 billion IT sector, insists that skilled people will not be replaced. He is scheduled to retire on December 19.

The current CEO of Tech Mahindra claims that manufacturing artificial intelligence technology can create more jobs than expected. This is while its ability to destroy the job market is a serious discussion in social media.

Gurnani said in this regard: “The use cases of production artificial intelligence are still being defined. This means that there is the capacity to create more job opportunities in the future. “Undoubtedly, the possibilities are still unfolding and there will be more to come.”

Artificial intelligence technologies such as OpenAI's ChatGPT and Google's Bard have taken the world by storm in the past year by producing human-like responses and conversations. These systems are capable of writing anything from novels and poems to complex computer codes. This also brings serious fears about the impact of these artificial intelligence systems on the labor market.

Controversy over the positive impact of artificial intelligence for the labor market

Although some leading industry executives have spoken highly of the loss of nearly a third of jobs to the technology, Gurnani, one of the longest-serving CEOs in India's $245 billion IT sector, insists that people Maher will not be replaced and artificial intelligence will be positive for the labor market. He is scheduled to retire on December 19.

Gurnani said in this regard: “New jobs will also be created. The market will expand.”

Others like Narayana Murthy, the co-founder of Infosys, who has said that replacing programmers with artificial intelligence tools like ChatGPT “It will never happen».

Estimates of job losses due to reproductive AI vary. Recent research from the European Central Bank and the International Labor Organization believe that so far, no significant number of jobs have been lost due to artificial intelligence automation. This is a confirmation of Gurnani's opinion about the impact of artificial intelligence on the labor market.

Gurnani urged young engineers to adapt to the changing world and spend more time learning new skills independently. In this regard, he says, “The days when Infosys or Tech Mahindra used to set up training camps are over.”

Infosys has one of the largest training centers in the world in Mysuru, India. This could be a sign of fundamental changes in the operating model of Indian IT companies. In the past, companies hired graduates from universities and then trained them before sending them to projects.

In October, Infosys published policies indicating that it would avoid immediate university hiring, while rival Wipro only after Entrance Giving candidates who have been recommended will be considered for university recruitment.