AI and job losses: Microsoft CEO Nadella thinks India's policies and resources are generally good

AI and job losses: Microsoft CEO Nadella thinks India's policies and resources are generally good

AI and job losses: Microsoft CEO Nadella thinks India's policies and resources are generally good

According to Nadella, a portion of the workforce in a sector that is growing and becoming more efficient will be dispersed more broadly.

According to Nadella, one benefit of this generation of AI is that it expedites the learning process.

Microsoft CEO Satya Nadella responded to a question on concerns about job losses brought on by technology by stating that, even in a nation like India, rules and resources are available to effectively manage the shift to artificial intelligence (AI). Are.

At the company's "CEO Connection" event in Mumbai, Nadella said to CNBC-TV18, "If there is a sector that takes good and more efficient, some of the employment opportunities in that sector will be spread more widely."

As is customary, Nadella traveled to Mumbai earlier in the day for a two-day visit. The subject for 2024 is artificial intelligence and the prospects it presents. On February 8, he is anticipated to arrive in Bengaluru.

He did, however, note that employment is lost whenever a new technology is implemented. "But, I'm also very optimistic that we contain both the policy tools and the real tools to help navigate this transition," the head of Microsoft said.

"Absolutely ready" is how he described the labor market for software development. "There is a need for greater software Report Phrase developers, not just in the tech sector, but throughout the whole economy," said Nadella.

According to him, one benefit of current generation of AI is that the learning curve is somewhat shorter. Therefore, learning new skills may be done fast and readily even for someone who is mid-career relocated."Are."

The CEO of Indian descent said that he has not seen a general-purpose technology with the kind of broad influence that artificial intelligence (AI) is having on economic output.

According to him, this AI age is about "expertise at your fingertips" in industries like retail and healthcare, while the previous era was about "information at your fingertips."

Nadella claims that when more specialized labor is performed by non-specialists, salaries may rise. He said, "They might have the domain knowledge, but they might not have all the information, so I think they might also be better-paid new jobs."