GES Summit: Artificial intelligence will create new jobs, say experts

The introduction of artificial intelligence will create more job opportunities, contrary to beliefs that there would be job losses, experts said on Thursday. Participating in a panel discussion on" Knowing the Future: How Artificial Intelligence (AI) will shape tomorrow," on the concluding day of the Global Entrepreneurship Summit (GES) 2017, Intel India country head Nivurti Rai said there were concerns about job losses on account of introduction of robots in the manufacturing sector. She said several young entrepreneurs and researchers had expressed concern over the increasing layoffs. "A management researcher even expressed doubts that India may witness a social strife on account of the replacement of human power by machines. I can understand their anguish and I share their concerns. But the society will go to the next level where new jobs in new areas will be created," she said.