Where is India in the generative AI race?
- Now the advent of generative AI could displace many service jobs, analysts warn.“Among its over 5 million employees, IT in India still has a high mix of low-end employees like BPO or system maintenance.
- A rapid gain in agriculture sector, which employs over 40% of the country’s workforce, is challenging, and similarly automation in the manufacturing industry may be unnecessary due to the abundant and affordable labor force.Employment mix of low-skilled, medium-skilled and high-skilled workers in TCS, Infosys, Wipro and HCL.
- Infosys, for example, revealed last month that it is working on several generative AI projects to address specific aspects of clients’ businesses.
- Unicorn edtech Vedantu recently integrated AI into its live classes, making them more accessible and affordable.Industry insiders attribute India’s dearth of AI-first startups in part to a skills gap among the nation’s workforce.
- In the high-stakes race for supremacy in the burgeoning field of generative AI, India’s technology ecosystem is facing an uphill battle to catch up to global leaders.
- “I doubt most Indian VCs ever really dug deep and understood crypto, because otherwise they wouldn’t have made so many utterly crap investments.”
In the highstakes race for supremacy in the burgeoning field of generative AI, Indias bustling technology ecosystem is facing an uphill battle to catch up to global leaders. Despite being home to o [+5153 chars]