Bhubaneswar: Artificial intelligence (AI) has become an indispensable part of today's era. Yesterday, in the fourth edition of Sambad CEO Conclave, speakers can hardly survive without adopting this technology.
Industry leaders are taking part in the topic titled “AI in the boardroom: CEO on jobbed replacements and increasing human potential,” and said AI plays a pivotal role in improving performance for both companies and employees. We also contribute to environmental protection by helping to reduce carbon dioxide emissions. Importantly, technology including AI does not necessarily lead to job openings. Temporary instability can occur, but long-term effects are generally beneficial to human society. The same applies to AI development and integration.
Decorating the session, the executive director of Arcelor Mittal Nippon Steel India, Odisha Operations, said there are several advantages to artificial intelligence and other emerging technologies. People are beginning to use AI extensively after realising its potential benefits. He emphasized that there will be a time when programming will be driven by human passions and technology will become more intuitive and emotionally intelligent.
“There is no technology that essentially reduces employment. Rather, it creates new opportunities. There is temporary instability, but society ultimately benefits in the long term. In particular, artificial intelligence can be used as a powerful tool to increase human productivity and unlock new possibilities in various sectors.”
AI can be effectively applied in industries such as mutual funds, increased efficiency, and decision-making. However, the application of human intelligence, critical thinking and passion remains essential. Therefore, a hybrid model that combines the strengths of both AI and human expertise will be key to future success, Nitin Goel is Vice President of the Nippon India Mutual Fund.
