Tag: Infosys

Narayana Murthy, founder of Infosys, discussed the impact of ChatGPT on job security with CNBC. He highlighted the power of the human mind over machines and emphasized that ChatGPT should be used to supplement and enhance efforts instead of cutting corners. Infosys is a pioneer in leveraging cutting-edge technologies like AI and ML for providing enhanced customer experience. He shared his opinion about the potential of ChatGPT in the software development, banking, and customer service sectors.

In this exclusive interview with CNBC's Tanvir Gill, Narayana Murthy, founder of Indian tech giant Infosys, shares his thoughts on ChatGPT, an AI-powered chatbot that can do everything from coding to writing essays. Murthy proved ChatGPT's capabilities, praising its usefulness for knowledge generation. He noted that the internet has been buzzing with its potentials and the clones created by Chinese tech giants Alibaba and Baidu.

Infosys co-founder Narayana Murthy, has expressed his confidence in the power of the human mind compared to AI-driven ChatGPT in a recent CNBC Conversation. Murthy believes that ChatGPT can only be used as an “instrument” or “assistant” to enhance the quality of work rather than replacing humans. The Indian IT giant, currently ranked as the third most valuable IT services brand, is a perfect testament to the success of Murthy’s view. A competent human mind will always surpass what ChatGPT can do.

At Goa Institute of Management, 480 post-graduate students were presented with diplomas and Infosys Co-Founder Kris Gopalakrishnan presented the keynote speech on the rise of ChatGPT and its potential to propel India to a top economy. Fifteen medals were awarded to student achievers and GIM was accredited by AMBA, joining the exclusive club of only 296 institutions. ChatGPT's fast user growth and AI technology can revolutionize India's economy.

Indian IT services provider Wipro might see disruption due to generative AI & tools such as OpenAI's ChatGPT and MSFT Bing's ChatGPT-powered search engine. These could lower the need for IT consultants & outsourcing, & pushing down smaller firms' relative valuations, such as Wipro. To survive, Wipro needs to reskill and equip staff for AI, which CEO Thierry Delaporte is tasked to lead. Investors must watch the relative valuation benefit to Infosys and risks of macro slowdown.