Tuesday January 28, 2020
Home Lead Story Threat of AI ...

Threat of AI Displacing Jobs is Real, Says Telecom Secretary

On aggregate, the employability for new-age jobs is on average 1.7 per cent, showed the findings based on more than 170,000 Indian engineering students

0
//
The enterprise solutions major has integrated SAP CoPilot with the
"A tectonic shift is happening in AI. Nearly 85 per cent of enterprises globally will use AI in some form or the other by 2020.

While digitisation has delivered great benefits to the country, the threat of automation and Artificial Intelligence (AI) displacing jobs is real, Telecom Secretary Aruna Sundararajan said on Monday.

“Adoption of digital technology has proved to be a great democratiser and leveller in India, especially in doing away with many hierarchies in the Indian economy. But digital is also throwing up as many challenges. There are no easy answers to them,” Sundararajan said, while delivering the keynote address at a conference on “future of the digital economy” here.

“There are various estimates about the rate at which jobs are becoming irreverent – from 10 per cent to a high of 70 per cent. So this threat is real,” she said while referring the rise of AI.

With dangers of job losses looming large, can providing universal basic income be the answer?

“The idea of providing universal basic income is gaining ground because a lot of Silicon Valley leaders are pushing for it,” she said.

Participating at a separate panel discussion, Sanjeev Bikchandani, Co-Founder of Info Edge which runs the job portal Naukri.com, said that there will be no large scale job losses due to AI.

AI has the potential to increase India's annual growth.
AI has the potential to increase India’s annual ggrowth.Pixabay“Some jobs will definitely go. But this happens all the time with new technology arriving. Similar questions were raised when computers were introduced in India. AI will create new industries,” he said at the conference co-organised by Indian Council for Research on International Economic Relations (ICRIER) and Data Catalyst, a non-profit organisation.

 

But do Indians have the skill set for the new jobs that may be created by the new industries?

According to a new report released last week by job skills assessments company Aspiring Minds, over 80 per cent Indian engineers are unemployable for any job in the knowledge economy.

Also Read- Motorola Launches Moto G7, Motorola One in India

A mere three per cent engineers have new-age technological skills in areas like AI, Machine Learning, Data Science and mobile development, the report said.

On aggregate, the employability for new-age jobs is on average 1.7 per cent, showed the findings based on more than 170,000 Indian engineering students. (IANS)

Next Story

OPPO Joins Hands with IIT Hyderabad to Boost AI, 5G Integration

A memorandum of understanding (MoU) was signed between IIT Hyderabad and OPPO to facilitate exchange of ideas and carry out research

0
Vivo, OPPO
As an industry leader in innovation, OPPO has invested heavily in the development and research of 5G smartphones. Wikimedia commons

Chinese smartphone maker OPPO on Monday said it has entered into a partnership with Indian Institute of Technology-Hyderabad (IIT Hyderabad) to promote collaborative research on advanced and emerging technologies.

The collaboration is aimed at promoting joint research and development for multiple projects over a period of two years for the development of new technologies in areas specific to camera and image processing, battery, networks (5G), system performance and Artificial Intelligence (AI), among other areas.

The partnership is in line with OPPO’s effort to build localised solutions for the Indian market.

“We are happy to collaborate with OPPO India through the expertise of our researchers, to further support and strengthen their R&D efforts in bringing technological breakthroughs for the Indian market,” Sumohana S. Channappayya, Dean – Research and Development, IIT Hyderabad, said in a statement.

5G
FILE – People stand next to a 5G logo during the Mobile World Congress wireless show, in Barcelona, Spain, Feb. 28, 2018. VOA

“This collaboration with OPPO will help in the development of indigenous solutions to cater to the dynamic needs of the Indian consumers,” Channappayya added.

A memorandum of understanding (MoU) was signed between IIT Hyderabad and OPPO to facilitate exchange of ideas and carry out research.

Also Read: Social Networking Giant Facebook Blames Apple iOS for Bezos’ Phone Hacking

“Our collaboration with IIT Hyderabad is in line with our vision to enhance R&D and innovation capabilities at OPPO India as we continue our endeavour to build localized solutions for the Indian market,” said Tasleem Arif, Vice President and Head R&D, OPPO India.

“This collaboration aims to pave the way to carry out quality research and promote the rapid integration of cutting-edge technology, particularly in the areas of 5G and AI,” Arif said. (IANS)