AI FOR HUMANS: A NEW INDUSTRIAL REVOLUTION IN THE MAKING

The rise of generative AI has sparked fears of job displacement, echoing past concerns about automation.

- Shri V.P. Nandakumar

The popular narrative suggests that Al, with its sophisticated machine learning models and chatbots, could make millions of human jobs redundant, particularly in lowskill, repetitive roles. However, history provides a counternarrative. Every major technological revolution has initially displaced jobs but eventually created new industries, roles, and economic opportunities.

Prime Minister Narendra Modi's recent call for a global governance framework for artificial intelligence (AI) at the AI Action Summit in Paris underscores the growing global consensus that AI must be harnessed responsibly for the benefit of humanity. As the world navigates the rapid evolution of AI, India stands at a crucial juncture where it must shape its AI strategy not just as an economic imperative but as a transformative force for national development.

The Job Loss Debate: A Historical Perspective

The rise of generative AI has sparked fears of job displacement, echoing past concerns about automation. The popular narrative suggests that AI, with its sophisticated machine learning models and chatbots, could make millions of human jobs redundant, particularly in low-skill, repetitive roles.