In the dynamic world of technological advancement, leaders from diverse industries and academic circles are carefully exploring the transformative power of
Artificial Intelligence
(AI). AI holds the potential to revolutionize various sectors worldwide, prompting extensive discussions among
industry leaders
about its implications for
employment
.
According to a recent LinkedIn report, 43% of the Indian workforce has witnessed a notable increase in AI integration within their workplaces over the past year.
Manoranjan Mohapatra, CEO of Comviva, says that the ongoing
AI transformation
will not render the workforce redundant but rather lead to a significant transition in available job opportunities. Mohapatra emphasizes the historical precedent of multiple waves of transformation during previous industrial revolutions, foreseeing a growing demand for skilled individuals in the AI era.
Anant Kumar, Chief Digital Officer at Bharti Airtel, shares this view, anticipating a shift where traditional roles become outdated, necessitating reskilling and the emergence of new job prospects. Kumar stresses the importance of adapting and transitioning into these new roles for both manpower and resources.
One area where AI has already showcased its value is in facilitating personalized experiences on a large scale. Mohapatra envisions a future where workplaces are highly personalized, driven by advanced visualization techniques, offering enhanced options and decision-making processes across sectors like healthcare, retail, and telecommunications.
Dr. Saranjit Singh, Vice Chancellor of KIIT, underscores the urgency of upskilling the current workforce to thrive amidst the rapidly evolving technological landscape dominated by emerging technologies like AI. He emphasizes the significance of hands-on, real-world experience through industry-driven projects for students to effectively grasp and apply their learning.
Even within the telecom sector, AI is making significant advancements. Kumar highlights its pivotal role in optimizing operations, particularly in the deployment of network sites, leading to cost savings. Leveraging AI for data analysis, including customer insights and competitive intelligence, informs superior site deployment strategies, Kumar explains.
As industries ramp up their adoption of AI, leading academic institutions are also realigning their offerings to meet the evolving demands of the job market. Dr. Singh points to collaborative efforts between academia and industry to co-design and deliver curricula tailored to emerging fields like AI/ML and telecommunications. He acknowledges the responsiveness of educational authorities like UGC in incorporating best practices and frameworks such as the National Education Policy (NEP) to keep pace with these advancements.
AI, Automation, and the Future of Work | BrightMinds