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Read the first four parts here Artificial Intelligence - A New Future - Part 1 Artificial Intelligence - Technical Nuances - Part 2 Artificial Intelligence - The Employment Scenario - Part 3 Artificial Intelligence - The Employment Scenario - Sector-wise Analysis - Part 4 Technology is coming and is going to come and it will be a key driver of growth in the future. Therefore, we need to change our perspective from Humans versus AI to Humans with AI. As Garry Kasparov rightly said, “The future is of “human plus machine combination” — merging the brute force of calculation, machines, and algorithms with human experience and strategic overview”. Rather than looking at AI only from the angle of employment, we need to tilt our heads and look at its positive side too! Yes, at some point of time, technological advancement will surpass the rate at which jobs are created. But as job creation is dependent on multiple factors, who knows, something new might come up then? Maybe employment op...

“Down with the machines!”, “Down with the machines!”, “Say NO to machines!” were the chants of the Textile workers in 1811 when the Industrial Revolution threatened to replace them with machines. Well, history does have a habit of repeating itself, hence, I am here today writing on the topic of “Artificial intelligence – The Employment Scenario” If you have read my previous two blog posts ( AI - A new future - Part 1 and AI - Technical Nuances - Part 2 ), then you know what AI is, and if you don’t, to put it simply, AI is the technology which helps computers to think and behave like humans.  Machine learning is a subset of AI and it enables the software to learn by itself. And this is what makes this technology revolutionary - the intelligence exhibited by machines which till date was found only in humans. Now, this sparked off a concern that robots will take away our jobs, so even we started screaming, “Down with robots!”, “Down with robots!”, "Say NO to robots!"....

AI is quite a lengthy discussion isn't it? In my last post, we took a page out of our history textbooks to see the impact of automation throughout the ages and also discussed how job creation works. Today, let us take a closer look at how automation will impact employment in India! In case you haven't read my previous blog post, you can read it by clicking the links below .  As this is a continuation of the previous post, I would request you to read that first. Artificial Intelligence - A New Future - Part 1 Artificial Intelligence - Technical Nuances - Part 2 Artificial Intelligence - The Employment Scenario - Part 3 In India, the economy is divided broadly into three sectors, and the contribution of the three sectors to India’s GDP a s per Economic Survey of 2017-18 is as follows : Tertiary sector (Service) - 53.66%. Secondary sector (Manufacturing) - 29.02% Primary sector (Agriculture) - 17.32%. If you look at the graph ...

Read Part 1 -  Artificial Intelligence - A New Future - Part 1 In my last post on AI, I had ended saying it was a new future indeed! Amazing wasn’t’ it? That AI could do so much, bring so much change, that too at a massive scale! If I have to explain AI in short then I will say, "AI is the technology which helps, computers to think and behave like humans". And this is validated by the Turing test.  The Turing test was created by Alan Turing to determine whether a machine is intelligent. How does the test work? A human will ask questions to another human and a machine and based on the answers, the questioner will decide who is the human and who is the machine. If the machine manages to convince that the questioner that it is a human, then we can say that the machine is "Artificially Intelligent".  Oxford dictionary defines intelligence as follows, "The ability to learn, understand and think in a logical way about things". Here, it becomes critical for...

Imagine the day, when our Jawans will not die and their children will not cry… Imagine the future, when our farmers will be able to increase their income and not die in poverty… Imagine the day, when the nation’s poor will not be illiterate but will get access to quality education… Imagine the glorious future, wherein residents of rural areas will not die only because of one reason - a dearth of health-care centers… The three dots at the end are for your imagination for an amazing future, but you will probably be like, Lakshmy… Is this possible? Yes! Don’t just imagine. Embrace the reality. Soon the day will come when our Jawans will not die, and their children will not cry, as artificially intelligent robots will man the border and this is not science fiction! US Defense Agency - DARPA with Boston Dynamics, has created spy robots and drones, which can be sent before soldiers to get information. There is also a state-of-art rough terrain robot called the “BigDog”, which ca...