Ola CEO Bhavish Aggarwal Sees India as Potential Global AI Jobs Hub

Published Date: 07/07/2024

Ola CEO Bhavish Aggarwal highlights the potential of artificial intelligence to increase economic productivity and create new job opportunities in India.

India has the potential to become a global hub for artificial intelligence (AI)-related jobs, according to Ola CEO Bhavish Aggarwal. With its vast pool of IT professionals, India can take on more significant roles in the global market. AI offers opportunities to increase economic productivity worldwide by automating routine tasks. Aggarwal believes that the productivity boost due to AI will lead to job displacement in certain areas, but it will also create new opportunities in others. In the near term, the biggest impact of AI will be on white-collar jobs rather than blue-collar roles.

Aggarwal emphasized that India can be transformed into a leading exporter of AI and technology by embracing AI, developing a robust infrastructure, and ensuring open access to data. He stated that India should aim to become a net intelligence export, net AI export. This can be achieved by creating new jobs in India that cater to the global market.

Aggarwal also highlighted the importance of upskilling and reskilling the existing IT workforce to adapt to the changing landscape of AI. By doing so, India can retain its competitive edge in the global market and become a hub for AI-related jobs.

Ola is an Indian ride-hailing company founded in 2010 by Bhavish Aggarwal and Ankit Bhati. The company has expanded its services to include food delivery, financial services, and electric vehicle manufacturing. Ola is a leading mobility platform in India, providing a range of services including ride-hailing, food delivery, and financial services.

FAQS:

Q: What is the potential of AI in India?

A: India has the potential to become a global hub for AI-related jobs, leveraging its vast pool of IT professionals to take on more significant roles in the global market.

Q: What is the impact of AI on the job market?

A: AI will create new jobs, but it will also lead to job displacement in certain areas, particularly in white-collar roles.

Q: How can India become a leading exporter of AI and technology?

A: India can achieve this by embracing AI, developing a robust infrastructure, and ensuring open access to data, and by creating new jobs in India that cater to the global market.

Q: What is the importance of upskilling and reskilling in the AI era?

A: Upskilling and reskilling the existing IT workforce is crucial to adapt to the changing landscape of AI and retain India's competitive edge in the global market.

Q: What is Ola's vision for AI in India?

A: Ola CEO Bhavish Aggarwal envisions India becoming a net intelligence export, net AI export, by creating new jobs in India that cater to the global market.

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