N Chandrasekaran Predicts AI Will Enable Low-Skilled Workers to Take on More Complex Jobs
Natarajan Chandrasekaran, Chairman of Tata Sons, who previously served as the CEO of Tata Consultancy Services (TCS), a prominent Indian tech company, shared his insights on the current global tech trend of artificial intelligence. Chandrasekaran expressed his thoughts on this matter during his role as the Chair of the ongoing B20 Summit India 2023 event in Delhi.
Viewing the rise of AI as a huge opportunity, Chandrasekaran said AI will create more jobs in India as it empowers more people with little or no skills to perform higher-level jobs.
Responding to concerns expressed by many policymakers and even many tech CEOs like Elon Musk and Sam Altman about AI’s impact on privacy and jobs, he said, “Actually, in a country like ours, it (AI) creates jobs because it empowers people with little or no skills, gives them information skills to enable them to perform higher-level jobs.”
He cited the example of a nurse and said that because of artificial intelligence, “the nurse will be able to take away the workload of the doctor and that’s how we’re going to expand our operations.”
However, Chandrasekaran stated that the effects of artificial intelligence are visible in different markets and in different segments of society in different ways.
“We’re talking about a country like India, we’re saying hundreds of millions of people have to get in… 250-300 million more people will enter the market. They’ll have access to information, they’ll have access to goods and services in their own way, they’ll start spending, it’ll just multiply the whole gross domestic product in different ways level and then their per capita income will go up and we will see the benefit for a very, very long time,” PTI quoted him as saying.
“AI will be useful or play a very, very important role because AI will be able to handle most of the things that need to be taken care of. So the benefits will be different in different segments and different markets, but everywhere (AI) creates jobs, it empowers people to do high-quality work,” assured Chandrasekaran.
On privacy and data protection, Chandrasekaran said, “I think India has made a big breakthrough in this whole data protection area. India has taken a technical legal approach.”
He went on to say, “On the one hand, we have the data protection and data protection regulation. On the other hand, we have created DEPA, which is the data empowerment and protection architecture. With both together, we can very securely secure consent, all transactions and data sharing at the aggregate level with complete security and privacy protection.” “