The threat of automation and Artificial Intelligence (AI) displacing jobs is real, says Aruna Sundararajan
While digitisation has delivered great benefits to the country, emerging technologies like Artificial Intelligence (AI) are also making human jobs obsolete, according to Telecom Secretary Aruna Sundararajan.
Speaking at a national conference in New Delhi on the future of the digital economy on Monday, Sundararajan said that the threat of automation and Artificial Intelligence (AI) displacing jobs is real and warned that technology could render as many as 70 per cent of jobs in India irrelevant.
“There are various estimates about the rate at which jobs are becoming irrelevant – from 10 per cent to a high of 70 per cent. So, this threat is real,” she said while referring to the rise of AI.
No need to fear, AI will create new industries
However, Sanjeev Bikchandani, Co-Founder of Info Edge which runs the job portal Naukri.com, has a different opinion on this new technology trend.
Bikchandani, who participated in a conference co-organised by Indian Council for Research on International Economic Relations (ICRIER) and Data Catalyst, said that there will be no large-scale job losses due to AI.
As it usually happens whenever new technology arrives, some jobs will definitely go, but AI will also create new industries, he stated.
So, what India needs now is skilled professionals to meet the upcoming demand of 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.
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.
(With inputs from IANS)