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Ola CEO Bhavish Aggarwal believes AI can increase productivity and create 10x more jobs in India.
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AI will automate routine tasks, displacing some jobs, but also creating new ones, especially in white-collar sectors.
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Aggarwal encourages India to embrace AI to become a global leader and create future AI jobs for the world.
Ola CEO Bhavish Aggarwal is optimistic about the impact of Artificial Intelligence (AI) on India’s job market. He believes that AI can increase productivity and create 10 times more jobs in the country. According to Aggarwal, AI will automate routine tasks, displacing some jobs, but also creating new ones, especially in white-collar sectors.
Aggarwal’s vision is for India to become a global hub for AI, leveraging its vast pool of IT professionals and young talent. He encourages India to embrace AI to become a leader in this field and create future AI jobs for the world. Notably, Aggarwal’s company has developed an AI model called Krutrim, which can generate texts with Indian cultural sensibilities and relevance.
Aggarwal’s remarks come at a time when there are concerns about the impact of AI on employment. While AI may displace some jobs, Aggarwal believes that its benefits in terms of increased productivity and job creation far outweigh the costs. With the right approach, India can harness the power of AI to drive economic growth and become a global leader in this field.
