Quick AI adoption essential for future of work in India: Intel - Express Computer

Chip giant Intel on Wednesday said that Artificial Intelligence (AI) is essential to the future of work in the post-pandemic world, with over 90 per cent respondents in a survey considering AI to be essential or highly relevant to their businesses in India. More than 40 per cent of small and micro revenue firms are using AI for decision support while in medium sized firms, nearly 50 per cent rely entirely on human decision-making as they still do not use AI, revealed the report by Intel India based on two surveys in the country. Conducted by the Srini Raju Centre for Information Technology and the Networked Economy (SRITNE) at Indian School of Business (ISB), the Suitability of Machine Learning (SML) survey had 3,099 employees across 106 Indian occupations, and the'AI and Future of Work' survey had 301 firms across sectors that have adopted AI/machine learning (ML) in their workflows. Over 70 per cent of respondents across various firm categories expect their organisational headcount to increase in response to AI over the next two years while a similar number indicated the growth of all firm-level initiatives to support AI adoption. "There is a need to better understand AI's integration and impact at work in order to accelerate innovation and scale its benefits, especially in the context of emerging economies such as India," said Nivruti Rai, Country Head, Intel India and Vice President, Data Platforms Group, Intel Corporation.