Ravi Kumar S: US-headquartered IT and professional services firm Cognizant had last year announced that it would invest $1 billion over the next three years to augment its generative artificial intelligence (Gen AI) capabilities.
US-headquartered IT and professional services firm Cognizant had last year announced that it would invest $1 billion over the next three years to augment its generative artificial intelligence (Gen AI) capabilities.
The Indian economy is poisoed for better prospects in the coming years as it leverages technologies like artificial intelligence and becomes a beacon for the world amid a tough geopolitical scenario, a panel consisting of Bill Winters, chief executive officer, Standard Chartered Bank, Ravi Kumar S, CEO, Cognizant, Jenny Johnson, president and CEO, Franklin Templeton and Rizwan Sajan, founder and chairman of Danube Group said Friday.
Cognizant CEO Ravi Kumar S believes that generative artificial intelligence (AI) will reshape job dynamics, skills, tasks, and occupations, fostering upward social mobility. Unlike previous technological disruptions, generative AI s adoption curve will be steeper due to its natural language interface. While it may not replace jobs immediately, it will alter tasks within them. Kumar predicts a levelling effect, benefiting less productive workers and knowledge workers more than blue-collar workers.