AI, ML to create more jobs: Cyient founder

The founder of Hyderabad-based IT company also informed that while technology is moving at a much faster pace, it is important that talent also moves in the same pace.

By Author   |   Business Bureau   |   Published: 12th May 2018   11:53 pm
Artificial Intelligence
ZettaMine CEO Surya Putchala (from left) with Dr N V Ramana Rao, director, NIT Warangal and B V R Mohan Reddy, founder, Cyient at AI, ML programme launch in Hyderabad.

Hyderabad: There is no denying the fact that Artificial Intelligence and Machine Learning are going to the next-gen technologies and are going to change the way jobs are perceived in India.

However, there are numerous reports also stating that it could lead to job losses due to huge amount of automation that it brings in.

Thwarting these facts, Cyient founder and executive chairman BVR Mohan Reddy opined that while AI and ML will take over repetitive jobs and the trend will be positive towards job creation. “While on the one hand it might take off some jobs, but on the other it will create more number of jobs and people will start doing different things in different ways,” Reddy said at the launch of a certificate programme in AI and ML being offered by NIT Warangal and Computer Society of India.

The founder of Hyderabad-based IT company also informed that while technology is moving at a much faster pace, it is important that talent also moves in the same pace. The new wave, according to Reddy, will require extremely talented pool of people riding it and this will come from skilling and reskilling of the talent pool available.

Many top analysts have predicted that India’s share in the available global AI talent pool stands at just 10 per cent and out of the four million IT professionals in the country, a miniscule percentage are AI specialists. On the other hand, the growth rate of AI investments is at 40 per cent annually and people needed to work on AI applications are expected to touch 2.3 million by 2022.

To address this challenge, NIT Warangal and CSI have come together to launch a certificate programme in AI and machine learning for working professionals in Hyderabad. This certification programme will comprise over 350 hours of classroom and lab sessions, mentoring sessions, workshops and hackathons. The session commences on June 9 in Hyderabad for an initial batch of 60. The programme is priced at Rs 1,50,000 plus GST and will be held across 22 weekends. Interested professionals can send a mail to nitw.aiml@gmal.com.

Reiterating Reddy’s views on AI and ML in India, Karuna Gopal, president, Foundation of Future Cities said, “There is a bit of paranoia attached to the rising wave of AI and ML in the country, with many feeling that we are lagging behind in comparison to countries like China and the US.

There are three areas where we can benefit from these technologies – healthcare, agriculture and creation of human capabilities. And there is a need for collaboration among different partners like academia and industry.”