Amidst conversations among high-profile industry leaders about the looming threat of technology claiming a third of jobs, Gurnani, a seasoned CEO in India’s massive $245-billion IT sector, stands firm in his belief that the uniquely skilled individuals won’t be ousted. As he approaches his retirement on December 19, Gurnani remains optimistic about the future of talent in the rapidly evolving landscape.
In a talk with Reuters, CP Gurnani said that we’re still figuring out all the ways Generative AI can be used. This means there’s a chance it could bring more jobs in the future. Gurnani is optimistic, saying we’re just starting to see what’s possible, and there’s a lot more to come.
In the last year, AI technologies like OpenAI’s ChatGPT and Google’s Bard have captured widespread attention for their remarkably human-like responses. They can generate a range of content, from novels and poems to intricate computer code, showcasing the remarkable capabilities of these systems.
Even though some big bosses in the industry are worried about tech causing a lot of job losses, Gurnani, a long-time CEO in India’s $245-billion tech sector, says skilled folks won’t lose out. He’s set to retore on 19 Dec.
“There will be new jobs coming up, and the market will grow,” he mentioned, aligning with Infosys co-founder NR Narayana Murthy’s viewpoint. Murthy has expressed confidence that programmers won’t lose their jobs to advanced AI tools like ChatGPT.
Predictions about job losses from generative AI differ. According to recent studies by the European Central Bank and the International Labour Organization, there hasn’t been a substantial decrease in jobs due to automation powered by generative AI thus far.
Gurnani also urged young engineers to adapt to the changing world and invest more time in independently learning new skills.
“Infosys or Tech Mahindra setting up learning campuses, those days are over,” said Gurnani.
Infosys has a big training center in Mysuru, a city in Karnataka, southern India.
For Indian IT companies, this might mean they’re changing how they work. Normally, they hire fresh graduates from colleges and then give them training before putting them on actual projects.
In October, Infosys announced that it won’t be doing campus recruitments in the near future. Meanwhile, Wipro, a rival in the same city, shared that it would hire from campuses only after bringing on board the candidates it had already offered positions to.
