Hey there, tech enthusiasts and curious minds! ? I’ve got some exciting insights to share with you about the ever-evolving world of AI and its impact on our workforce. Let’s dive right in!
Picture this: a future where Artificial Intelligence isn’t just about robots taking over our jobs, but rather working alongside us, enhancing our capabilities. Nasscom’s Senior Vice President and Chief Strategy Officer, Sangeeta Gupta, has a fascinating take on this. She believes that Generative AI is more likely to be a trusty sidekick, amplifying our roles, rather than a job snatcher. Sounds pretty cool, right? ?
Now, let’s set the scene. The tech and non-tech industries have been buzzing with automation vibes lately. Some folks are even concerned about their jobs. But guess what? Companies like HCLTech and Wipro are stepping up, not just to automate, but to upskill their workforce. They’re all about self-regulation and knowledge automation. Impressive, isn’t it?
So, I caught up with Sangeeta Gupta on the sidelines of the Nasscom Annual Technology Conference 2023, and she spilled the beans. According to her, the impact of Gen AI on jobs in India is like a puzzle waiting to be solved. She thinks that as Gen AI waltzes into our lives, it’ll be more like a trusty tool that boosts us up, rather than a tool that shoves us aside.
But wait, there’s more! Matt Carroll, the Managing Director at Accenture, chimed in at the same event. He threw a wild idea into the mix: what if AI could shrink our 40-hour work week? Imagine having more time to chase your hobbies and passions. It’s like the work-life balance dream come true!
Now, about that DPDP bill – you know, the one that’s all about data. Sangeeta Gupta delved into it. She said that this bill introduces a “negative list” of data. What does that mean? Well, it’s like a list of data that’s a no-go zone. And guess what? It aligns pretty well with the industry’s needs. So, the data interfaces happening in different countries will likely end up on the “positive list.” Smart thinking, right?
Hold on, though. Technology is like that unstoppable train that’s always on the move. So, Sangeeta Gupta made it clear that not every single scenario can be covered by this bill. As tech keeps doing its magic, the rules will evolve too. Flexibility at its finest!
Now, let’s talk startups! Nasscom is all about nurturing those innovative little saplings. Sangeeta Gupta shed light on how Nasscom is encouraging startups that are listed outside India to come on back and serve our domestic market. You know why some of these startups chose foreign lands? It’s like a two-part story. One, investors are really keen on global markets, so that’s where they go. And two, there have been some hitches with doing business easily in India. But don’t worry, Nasscom is on the case, working closely with the government to make things smoother for these startups. Changes are brewing, my friends!
Now, for all you tech-savvy folks out there, there’s some great news. Amidst the buzz about “the great resignation” and layoffs in the industry, opportunities are still shining bright for those with killer tech skills. Nasscom and EY joined forces to release a report that spills the beans on the DeepTech industry. They found that talents, investments, and the right infrastructure are the top challenges. But guess what? Indian B2B SaaS companies are embracing DeepTech like it’s a long-lost friend. AI/ML is the cool kid with 54% adoption, followed by Big Data and Descriptive Analytics, and Intelligent Automation. Exciting times ahead, right?
So, there you have it, folks! The tech world is a bubbling cauldron of innovation, AI collaboration, and opportunities. Let’s embrace this era of transformation and ride the wave of possibilities together. Stay curious, stay inspired, and keep rocking those tech skills! ??
