Tata Group CEO: Artificial Intelligence Will Increase Employment In India

On Friday, Tata Group CEO N Chandrasekaran said that AI would enable those with little skills to undertake higher-level professions, leading to additional employment opportunities in India.

India has achieved a "fantastic breakthrough" in data privacy and security, according to Chandrasekaran, Chairman of Tata Sons, who spoke on a panel at the B20 Summit India 2023. With the rise of artificial intelligence (AI), many people are worried about losing their privacy or losing their jobs. He addressed these concerns by saying, "Actually in a country like us, it (AI) will create jobs because it will empower people with the little skill or no skill, will empower them with information skill so that they can perform a higher level of jobs."

With the help of artificial intelligence, "the nurse will be able to take away the workload of a doctor and that's the way we're going to scale up," he said, using the example of a nurse. However, according to Chandrasekaran, the effects of AI would be felt differently across marketplaces and sectors of society. Hundreds of millions of people in a nation like India, we argue, need access. Between 250 and 300 million more individuals will soon be entering the consumer pool. Because of this, he said, "we will see the benefit for a very, very long time." "They have access to information, they have access to goods and services in their own way, they start consuming, it just multiplies the whole GDP to a different level, and then their per capita income goes up," he added.