Mphasis CEO Shares Views on Generative AI with ChatGPT
At tech conferences, the terms ChatGPT and generative AI have become increasingly popular. In fact, at the Google I/O conference in 2023, the term AI was mentioned around 150 times during the keynote. When discussing generative AI, the conversation often revolves around two aspects: how AI can benefit businesses and how it might replace jobs, even the CEO position. Despite these concerns, many corporate leaders are interested in exploring AI and its potential for improving business operations.
The CEO of Mphasis, one of India’s largest IT services companies, recently shared his thoughts on generative AI in an interview with ChatGPT. He acknowledged that AI has the potential to significantly improve business operations, citing the example of how AI can help companies automate certain tasks and improve efficiency. While AI can provide many benefits, it is crucial to maintain a balance between technological advancements and the human workforce.
The CEO also discussed the concerns some people have about AI replacing human jobs. He emphasized that AI will not eliminate human jobs altogether, but rather change the nature of work. Rather than performing repetitive or mundane tasks, human workers will be able to focus on more creative and complex work that machines cannot do.
Regarding the idea of AI replacing CEOs, the Mphasis CEO believes that there will always be a need for human leadership. AI technology can assist executives with gathering and analyzing data, but ultimately, human judgement and decision-making skills are still crucial components of successful leadership.
In conclusion, the Mphasis CEO highlighted that generative AI holds enormous potential to benefit business operations and facilitate growth. However, it is equally important to consider the impact on the workforce and ensure that AI is used in a responsible and ethical manner. As technology continues to advance, it is crucial for business leaders to embrace the opportunities presented by AI, while also remaining committed to the wellbeing of their employees.
This exclusive interview sheds light on the potential of generative AI to transform the future of business and serves as a reminder of the need for continued innovation with both technology and the human workforce.
