Mphasis CEO Nitin Rakesh has rejected the idea that generative AI and ChatGPT are the solution to all tech problems, and has also dismissed the notion that AI will kill jobs. While AI is a great opportunity for Mphasis, Nitin believes it is important to move beyond the hype and understand its real business impact. AI can help businesses understand customers and boost efficiency, but it is not a magic wand to solve all problems. Nitin also points out that new technology, by definition, automates something and creates new roles. Therefore, AI is not going to kill jobs, but instead will unlock new opportunities within organizations. Nitin says companies should embrace AI tools and get the most out of them. In conclusion, early use cases of generative AI are likely to come in consumer facing industries to enhance customer experience.
AI Won’t Kill Jobs or Solve All Tech Problems, Says Mphasis CEO Nitin Rakesh in Interview with News18
Date:
Frequently Asked Questions (FAQs) Related to the Above News
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
More like thisRelated
Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?
Tech Evolution: From Obama’s Optimism to Harris’s Vision
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?
Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report
Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.
The Future of Good Jobs: Why College Degrees are Essential through 2031
Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.