TCS’s Ashok Krish argues AI should be seen as skill-transforming rather than job-threatening. He highlights that companies must adopt AI as a strategic priority, which is impacting sectors like healthcare and finance. With evolving tech, the nature of work will shift, necessitating continuous upskilling and adaptation.
In a recent interview, Ashok Krish, the Global Head of AI at Tata Consultancy Services (TCS), emphasized that Artificial Intelligence (AI) should be viewed more as a vehicle for skills transformation rather than a harbinger of job loss. He believes that this evolving technology stands to reshape various industries by not only enhancing processes but also by fostering a cultural shift about how we approach work. It’s not just about automating; it’s about evolving.
Krish pointed out that over the past three decades, we have seen wave after wave of technological disruptions, each one stirring fears of obsolescence. He noted, however, that AI is simply the latest in this lineage of innovation. According to him, AI is not merely an IT project but a transformational priority that extends to boardrooms. The high-value implementations are seen when companies approach it from a strategic perspective rather than through a narrow lens of cost-cutting.
He also mentioned that AI’s self-reinforcing nature means progress in the field feeds back into its own development, leading to faster and more effective applications. The work landscape, as we know it, especially in sectors like healthcare, finance, and life sciences, will change fundamentally. “What used to require a hundred people might now need only fifty, but the scope of tasks will also evolve,” he explained. This shift points to a future where teams take on more projects per capita.
Now, regarding the various sectors implementing AI, Krish noted that it all started about 18 months ago with proof-of-concept projects. Today, however, it’s hard to find significant business deals that don’t utilize AI. TCS has woven AI into all aspects of its services from IT to cloud computing, making it a crucial element for productivity and operational enhancements across the board.
Industries are catching on—particularly banking and healthcare, where AI has already made groundbreaking contributions like in drug discovery. Manufacturing and tech fields are quickly following those early adopters, signaling a broad shift in how sectors see AI’s potential. As Krish remarked, AI isn’t just about efficiency. It’s about democratizing access to knowledge and fostering a new era of collaboration between humans and machines, hinting at a future where humanoid robots might greatly impact workplaces in the years to come.
In summary, Ashok Krish’s perspective highlights the transformative potential of AI—an evolution in technology that promises to reshape industries and redefine workforce dynamics. By shifting the focus from fears of job loss to the excitement of skill transformation, Krish offers a glimpse into a future wherein AI drives productivity, fosters innovation, and democratizes access to new knowledge. As industries across the spectrum begin to adopt AI more rapidly, the impending changes could be monumental for both society and the corporate landscape.
Original Source: www.cnbctv18.com