. Recent college graduates are in a unique position compared to other generations. With the shift of tech companies to hybrid work, graduates are turning to retail, finance and manufacturing to secure stable jobs with good pay. Gen Z look to develop tech skills and see job opportunities with Generative AI. Handshake survey of 954 people shows 40% embrace AI but are cautious with 74% of managers viewing Gen Z as the hardest to work with.
India is seeing an increase in demand for talent in the field of Artificial Intelligence (AI). Jobs market is predicted to grow by 22% over the next five years, led by IT sector with 29%, followed by advertising, market research, PR & retail. Companies like ChatGPT, NewsGPT & Pickl.AI are playing key roles in revolutionising the tech world, creating new roles & increased job opportunities. Upskilling is essential for professionals to stay ahead.
The UK Minister of Investment, Lord Dominic Johnson, today inaugurated the new British Trade Office in Pune, marking the UK's commitment to Maharashtra and India. Several business leaders and investors, including Serum Institute of India, Bharat Forge and Zensar, attended the opening event. Lord Johnson said that the UK is the number one investment destination in Europe for life sciences and AI. This office serves to further strengthen the bilateral trade and investment between the UK and India.
Generative AI technology is revolutionizing modern retail, from brick and mortar shops to online stores. Businesses like McKinsey, BCG, Databricks, and Forbes are already exploiting its potential to increase sales, optimize product offerings, and recommend products more effectively. AI technology can also reduce costs and automate labor intensive tasks like coding, data entry, and summarizing reports. THE ICONIC is a notable example of Australia's leading retailers who are benefiting from this AI revolution. Customers enjoy smarter shopping experience with potential for price comparison, cheaper versions of products and curated product recommendations.
Genzeon, a major provider of tech services, intelligent automation and cloud management, has opened its second India office in Pune. Genzeon is focused on hiring top talent in ML, AI and automation to help clients improve customer service, outcomes and grow. With competitive wages, access to quality education, and excellent learning and development programs, Genzeon offers an exceptional employee experience.
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?