No, artificial intelligence bots are not stealing your job, says Capgemini - ETtech

Companies in India say the use of artificial intelligence (AI) have added jobs in their firms and see little to no job losses as a result of the technology, a report by IT and consulting firm Capgemini showed. Out of the 86 companies surveyed in India, over 92% have created new job roles related to artificial intelligence, though a significant portion of the additional jobs are in upper management levels. Over 60% do not expect any job losses from AI. "There is a kind of renaissance in artificial intelligence that is currently going on... This creates a whole series of job roles and job roles will always evolve. In the short-to-medium term, which is what the report focuses on, there will not be massive kinds of job losses," Ron Tolido, executive vice-president & Global CTO for Capgemini's Insights & Data Practice, told ET.