In recent months, generative AI, such as ChatGPT has become a hot subject. According to the (CHRO) TCS, generative AI will be a co-worker instead of being an employment replacer. ChatGPT, an OpenAI-trained large language model, can produce human-like answers to queries and discussions. In recent months, generative AI, such as ChatGPT, has become a hot subject. Some people are concerned that advanced technologies will eliminate occupations and create unemployment. Milind Lakkad, CHRO of TCS, the country's biggest IT services firm, has now stated that generative AI will be a co-worker rather than an employment replacer.
The use of machine learning and algorithmic models to generate new material, such as images, music, and even writing, is referred to as generative AI, also known as creative AI. The technology underlying generative AI is quickly advancing, and ChatGPT is an excellent illustration of these systems' incredible capabilities. ChatGPT, an OpenAI-trained large language model, can produce human-like answers to queries and discussions. It accomplishes this by analyzing massive quantities of data and employing machine learning algorithms to comprehend trends and context.
The use of machine learning and algorithmic models to generate new material, such as images, music, and even writing, is referred to as generative AI, also known as creative AI. The technology underlying generative AI is quickly advancing, and ChatGPT is an excellent illustration of these systems' incredible capabilities. ChatGPT, an OpenAI-trained large language model, can produce human-like answers to queries and discussions. It accomplishes this by analyzing massive quantities of data and employing machine learning algorithms to comprehend trends and context.
The rise of platforms such as ChatGPT has raised concerns about the need for professional knowledge in performing work provided by technology firms. With examples of complete code generation using these platforms, there are concerns that they will result in major employment losses in the tech sector. This has been mentioned as one of the causes of massive layoffs at big technology firms around the world.
Understanding the environment in which a client works, according to Lakkad, is critical, as is constantly evolving to distinguish itself from the competition. The application of generative AI systems in various sectors will necessitate different degrees of human intervention. While it may decrease the need for tedious positions with repetitive tasks, employees across the spectrum will still be in demand as they acquire critical contextual skills. While it may decrease the need for tedious positions with repetitive tasks, employees across the spectrum will still be in demand as they acquire critical contextual skills.
Lakkad thinks that generative AI will enable cooperation rather than substitution and that it will not alter business structures. These tools will boost output, and consistency, and minimize the need for administration, all while speeding up distribution and reducing peripheral functions. TCS has already started using these tools in some sectors, with more to come in the future. Lakkad expects changes in training as a consequence, and TCS is already planning for future needs in this area. In two years, the entire scope of generative AI's effect will be evident. While TCS has verified that no cutbacks are planned, there has been a slew of layoffs in tech companies, with Google, Microsoft, Meta, Dell, Match Group, and others laying off over a million employees.
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