AI will create new jobs, new sectors will emerge, consider it an opportunity, not a threat

Deloitte: There is a lot of buzz these days about Artificial Intelligence (AI). Many people are blaming this technology for the layoffs happening in companies, while many are calling it very useful. However, there is also a section that has a slightly different opinion. They believe that jobs will be lost due to AI, but this technology will also create new opportunities. Deloitte South Asia CEO Romal Shetty has something similar to say. Romal Shetty says that some jobs will be lost due to AI, but it will create more new types of jobs.

We need to learn to use AI to our advantage

According to Romal Shetty, many new sectors are emerging at this time. These include sectors such as air traffic control for drones and electric vehicle R&D. He also pointed out the need to protect data privacy without harming innovation. The Deloitte CEO said that AI will create many new jobs. However, humans are needed to run every technology. Only in this way can we take full advantage of any technology. We have to learn to use AI for our benefit. Romal Shetty said that I am completely confident that AI is not a threat to us.

Romal Shetty said – there will be benefit in doing research

According to Romal Shetty, AI will not be a challenge for us but will open new doors of opportunities. These days drones are developing rapidly. In such a situation, we will have to think about their air traffic control. We will have to use drones for the benefit of people. Also, now the era of electric vehicles is coming. Here too we will be able to take advantage of AI. We have to think that if it is taking 18 months to do research now, then can we bring it down to 9 months with the help of AI. Similarly, many new opportunities will be created by AI.

Data privacy rules should not hinder innovation and growth

On the issue of data privacy, he said that after the new rules, it will be extremely difficult to take data out of the country. Most of these companies are global. Their systems are interconnected. They will have to change their systems and business models. However, such rules are necessary to create a fair business environment. He said that we also have to be careful about the rules so that they do not hinder innovation and growth.

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