Ola CEO Bhavish Aggarwal Warns: AI to Have Greatest Impact on Certain Jobs

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India has the potential to become a global hub for artificial intelligence (AI)-related jobs, leveraging its vast pool of IT professionals to take on more significant roles in the global market, said Ola CEO Bhavish Aggarwal. “In India, there are tens of millions of IT services professionals and young people. Today, they are doing some work for global clients. Their work can be 10x more productive. That means not to get jobs that will be one tenth. That means we can bring 10x more jobs to India," news agency ANI quoted Bhavish Aggarwal as saying.



Regarding AI’s impact on the job market, Aggarwal remarked, “To quantify is difficult, but I would say AI will create new jobs, AI will take away jobs also."

He explained that while AI is expected to boost productivity significantly, it will also lead to job displacement in certain areas, though it will create new opportunities in others.

In the near term, Aggarwal noted, the biggest impact of AI will be on white-collar jobs rather than blue-collar roles.

“Some jobs will go, and productivity will be enhanced. So, the way I think of it, right, in a very simple sense, AI is going to create a bunch of new kinds of jobs in the future. As a country and as an ecosystem, we have to get half of those jobs built in India."

Aggarwal emphasized the need to embrace AI to ensure India's economy becomes more productive and capable of creating future AI jobs for the world.

Furthermore, he stressed the importance of open access to data and the development of robust infrastructure, suggesting that India can be transformed into a leading exporter of AI and technology.

“And India, as a country, we have to really become the largest AI, we actually should become a net intelligence export, net AI export," Aggarwal added.

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