{"id":63507,"date":"2024-06-01T03:30:06","date_gmt":"2024-06-01T03:30:06","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/01\/ai-to-boost-productivity-may-lead-to-job-cuts-says-chandra-times-of-india\/"},"modified":"2024-06-01T03:30:06","modified_gmt":"2024-06-01T03:30:06","slug":"ai-to-boost-productivity-may-lead-to-job-cuts-says-chandra-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/01\/ai-to-boost-productivity-may-lead-to-job-cuts-says-chandra-times-of-india\/","title":{"rendered":"AI to boost productivity, may lead to job cuts, says Chandra &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"221\" src=\"https:\/\/i3.wp.com\/static.toiimg.com\/thumb\/imgsize-23456,msid-110606089,width-600,resizemode-4\/110606089.jpg?resize=600,221&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"AI to boost productivity, may lead to job cuts, says Chandra &#8211; Times of India\" title=\"AI to boost productivity, may lead to job cuts, says Chandra &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div>BENGALURU: <!-- -->Tata Sons<!-- --> chairman <!-- -->N Chandrasekaran<!-- --> said even as <!-- -->AI<!-- --> will enhance <!-- -->productivity<!-- -->, it may also result in job losses. <br \/>&#8220;It&#8217;s a mixed bag. We need to reskill and upskill to handle this change. While there will be job losses, AI will create jobs in <!-- -->data management<!-- -->,&#8221; Chandrasekaran, who is also TCS chairman, said at the company&#8217;s AGM held virtually on Friday.<!-- -->He was responding to a question from a shareholder.<\/p>\n<div data-pos=\"0\" class=\"id-r-component QbQNS undefined  &#10;        \">\n<div><\/div>\n<\/div>\n<p>Chandrasekaran said GenAI will have a significant impact on nearly every sector and country in future. &#8220;All industries will witness higher productivity. Enterprises have already invested in cloud, data infrastructure and large processing power which will aid AI\/Gen AI. GenAI will not only improve productivity, but also create impact we hitherto have not seen or imagined.&#8221;<br \/>As companies explore the enterprise-grade adoption of GenAI, Chandrasekaran stressed on the importance of regulations to mitigate risks and safeguard against the negative consequences of AI. He said the <!-- -->Tata Group<!-- --> is executing 100 GenAI projects which are demonstrating tangible business impact on customer experience, productivity, and efficiency. TCS has upskilled 300,000 employees in GenAI.<\/div>\n<p><script>!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n          var s = document.createElement('script');\n          s.src=\"https:\/\/survey.survicate.com\/workspaces\/0be6ae9845d14a7c8ff08a7a00bd9b21\/web_surveys.js\";\n          s.async = true;\n          var e = document.getElementsByTagName('script')[0];\n          e.parentNode.insertBefore(s, e);\n        })(window);\n      }\n    }\n    window.TimesApps = window.TimesApps || {};\n    var TimesApps = window.TimesApps;\n    TimesApps.toiPlusEvents = function(config) {\n      var isConfigAvailable = \"toiplus_site_settings\" in f && \"isFBCampaignActive\" in f.toiplus_site_settings && \"isGoogleCampaignActive\" in f.toiplus_site_settings;\n      var isPrimeUser = window.isPrime;\n      if (isConfigAvailable && !isPrimeUser) {\n        loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive);\n        loadFBEvents(f.toiplus_site_settings.isFBCampaignActive);\n        loadSurvicateJs(f.toiplus_site_settings.allowedSurvicateSections);\n      } else {\n        var JarvisUrl=\"https:\/\/jarvis.indiatimes.com\/v1\/feeds\/toi_plus\/site_settings\/643526e21443833f0c454615?db_env=published\";\n        window.getFromClient(JarvisUrl, function(config){\n          if (config) {\n            loadGtagEvents(config?.isGoogleCampaignActive);\n            loadFBEvents(config?.isFBCampaignActive);\n            loadSurvicateJs(config?.allowedSurvicateSections);\n          }\n        })\n      }\n    };\n  })(\n    window,\n    document,\n    'script',\n  );<\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/ai-to-boost-productivity-may-lead-to-job-cuts-says-chandra\/articleshow\/110604885.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Tata Sons chairman N Chandrasekaran said even as AI will enhance productivity, it may also result in job losses. &#8220;It&#8217;s a mixed bag. We need to reskill and upskill to handle this change. While there will be job losses, AI will create jobs in data management,&#8221; Chandrasekaran, who is also TCS chairman, said at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":63508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/imgsize-23456,msid-110606089,width-600,resizemode-4\/110606089.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[1274,1919,289,9140,48034,1492,60877,273,9644,7269,872,40600,14777,9496,6180,272],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/63507"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=63507"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/63507\/revisions"}],"predecessor-version":[{"id":63509,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/63507\/revisions\/63509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/63508"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=63507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=63507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=63507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}