tech
India’s IT sector is surviving artificial intelligence
IF THE HYPE about artificial intelligence is to be believed, India’s tech industry should bear the brunt of any incoming wave of AI job losses. Before the breakthroughs that made chatbots functional, tech types quipped that AI stood for “actually Indians”, as seemingly whizzy tech was really the work of humans in Hyderabad or Bangalore. But now the sort of tasks outsourced to India—software development and routine business processes such as payroll—are among those AI is best placed to take over from people.
TL;DR
- India's tech industry was once humorously referred to as 'Actually Indians'.
- AI is now capable of performing tasks previously outsourced to India, including software development and routine business processes like payroll.
- There is a potential for AI to cause job losses in these sectors.