THE BITTER TRUTH ABOUT JOB LOSSES CAUSED BY AI: WILL RESKILLING HELP?

As Artificial Intelligence (AI) continues to penetrate various sectors and industries, the bitter truth emerges: job losses are becoming a reality. While many industry leaders assure that these changes will lead to retraining and reskilling, historical trends have shown that entire demographics could be left stranded.

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AI is proving its capabilities in data analysis and decision-making at an unprecedented pace. Despite concerns about reliability, the deployment of AI has become synonymous with faster actions and streamlined processes. This shift raises critical questions: Will we witness mass unemployment akin to previous technological revolutions? What measures can individuals take to safeguard their careers against the encroaching AI wave?

To address these pressing issues, The Hindu hosted a live webinar titled ‘The Bitter Truth About Job Losses Caused by AI’ on Saturday, April 19, at 5:00 p.m. Experts from the tech sector discussed the implications of AI on employment and offered strategies for adaptation. The panellists included Sidharth Sivasailam, Tata Consultancy Services; Alosies George, Senior Engineering Manager, TROOP; and Kalyan Mangalapalli, emerging technology consultant.