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"There will be probably more job categories in future'

Business World India

|

20 May 2023

VMware CEO Raghu Raghuram on the pace of innovation in AI, possible job losses, the need for AI policies and what India’s approach should be with the technology

- Rohit Chintapali

"There will be probably more job categories in future'

Should we hurry up with policies around AI?

There has to be a significant engagement by the policymakers. I don’t know if there is enough understanding of the pace at which the AI space is developing. Eventually, we do need policies but it has to be done – given the nature of how fast it is evolving. Moreover, it has to be done in a very thoughtful way by people who have a fairly deep understanding of the issues.

A recent Goldman Sachs report mentioned that as many as 300 million jobs could be lost due to AI systems. Do you think such job losses could happen in the next 10 years?

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