Generative AI: Jobs destroyer or Value creator?

Generative AI: Jobs destroyer or Value creator?

Sukhendu Pal , one of the understated business leaders of his generation, looks into the impact of generative AI on employment.

Generative AI has captured the public’s imagination. Even Elon Musk is planning to launch a new artificial intelligence (AI) start-up to compete with ChatGPT . A Musk-backed generative AI venture would enter an increasingly crowded and well-funded market. Microsoft, Alphabet, Meta and Amazon are jostling with startups such as OpenAI, Anthropic, Adept and StabilityAI, who have together raised billions of dollars in recent months.

At the heart of generative AI are foundation models trained on massive data sets. This includes […]

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