India should lead in adopting AI technology with open arms, says Ola Cabs CEO

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India should lead in adopting AI technology with open arms, says Ola Cabs CEO


Artificial Intelligence (AI) is an enormous technology instrument for growing productiveness and India should take a lead in adopting such applied sciences, Bhavish Aggarwal, the co-founder and Chief Executive Officer of Ola Cabs, mentioned on Saturday.

Speaking on the ABP Network’s Idea of India Summit right here, Aggarwal additionally discounted the notion that embracing such technology would consequence in job losses.

Technology tendencies like AI are so disruptive. While one can suppose that it (the adoption of AI) threatens jobs, “I see it as a massive technology tool for increasing productivity,” he mentioned.

“And we in India, as an economy and as stakeholders of the economy, should all adopt AI with open arms,” Mr. Aggarwal mentioned.

He emphasised that using this technology might improve productiveness by 10 occasions, he mentioned, “We should be the first adopter of AI and become the most productive in the world.” It may have a big influence on financial development, he asserted.

Noting that software program improvement would be the first sector to be impacted positively by way of Artificial Intelligence, Mr. Aggarwal mentioned that with 10 occasions increased productiveness, a developer can write code in a day for which he would in any other case take a month.
According to him, the applying of AI would consequence in the creation of latest jobs because it did occur on the time when pc technology was launched in India.



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