At the 29th annual general meeting of Tata Consultancy Services (TCS), chairman N Chandrasekaran addressed the significant impact of artificial intelligence (AI) and generative AI (GenAI) on the job market. He highlighted the dual nature of AI’s influence, encompassing both job creation and job losses across various sectors. Job Losses and Productivity Gains
Chandrasekaran acknowledged that automation driven by AI and GenAI will lead to job losses in certain sectors. He stated, “In certain areas, AI and GenAI will automate stuff that will result in higher productivity and job losses.” This transformation is expected to enhance productivity but also […]
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