IMPACT OF GENAI ON JOB LANDSCAPE
Ghosts in the machine: Peril of hallucinations in GenAI chatbots Hallucinations are a big issue while deploying GenAI-based chatbots. Hallucination is a phenomenon where an AI chatbot offers factually incorrect information in response to a question. How are firms navigating its pitfalls?
09 Jul, 2024, 05.43 PM ISTGen AI and the Changing Business Landscape08 Jul, 2024, 01.05 PM IST As tech grip on medical industry becomes stronger, it creates space for new jobs profiles Ebenazer Paul highlights the increasing demand for skilled professionals in medical billing and coding, driven by technological advancements and evolving healthcare regulations. The industry offers diverse opportunities for growth and specialization...
28 Jun, 2024, 10.22 AM IST- ADVERTISEMENT
Majority of Indian employers plans to add staff in first six months of FY25: Survey The Indian employment market is expected to expand by more than 6% in the first half of the fiscal year, driven by a positive economic climate across 23 industries, according to TeamLease Services' Employment Outlook Report for H1 FY25. The report, ...
27 Jun, 2024, 04.46 PM ISTIndians less worried, more optimistic about AI impact on work: Report A Boston Consulting Group report has found that Indians are more confident than worried about the impact of artificial intelligence and generative AI on their work, with 54% evincing confidence compared to only 13% showing signs of anxiety. The repo...
26 Jun, 2024, 08.05 PM ISTNearly nine in 10 recruiters use AI for sourcing candidates: Survey India Inc. is grappling with a shortage of workers skilled in AI, despite over half of recruiters being prepared for AI adoption. Lack of knowledge or training is cited as a major barrier, emphasizing the need for educational initiatives to bridge t...
24 Jun, 2024, 12.55 PM ISTIT industry's competitive intensity to be at highest levels in FY25: HCLTech CEO C Vijayakumar Despite a challenging economic environment, HCLTech has achieved remarkable annual growth and outpaced larger competitors. The third-largest software services firm, with annual revenues of $13.27 billion, reported growth that outpaced Tata Consultan...
16 Jun, 2024, 06.00 AM ISTTata Group firms engaged in over 100 Gen AI projects: N Chandrasekaran TCS chairman N Chandrasekaran announced over 100 Gen AI projects within Tata Group, showcasing tangible business impact in customer experience, productivity, and efficiency.
01 Jun, 2024, 03.49 PM ISTGCCs open multiple career opportunities for freshers India's economy has experienced significant growth due to the establishment of global capability centres (GCCs), which benefit from the country's skilled workforce, low operational costs, and digitisation. These offshore units, set up by multination...
30 May, 2024, 09.57 AM ISTIT firms trim bench strength; GCCs focus on compliance Happy Thursday! The country’s top IT firms have seen a massive drop in their bench strength, i.e. employees not on active projects. Find out why and more in today’s ETtech Morning Dispatch.
30 May, 2024, 07.31 AM ISTIndia seen to emerge as an economic superpower in impending problem-ridden global financial landscape Global recession risks have diminished, but inflation concerns threaten financial stability. The IMF, World Bank, and rating agencies forecast a slowdown in global growth, citing Middle East conflicts, financial stress, persistent inflation, and red...
25 May, 2024, 09.46 PM ISTRevolutionising the workplace: GenAI could help Indian workers save millions of working hours Generative AI (genAI) is sparking awe and fear due to its potential impact on work. A Pearson report examines genAI's workforce impact in multiple countries, revealing potential time savings in IT, manufacturing, and law. Employers and employees are...
23 May, 2024, 10.48 AM ISTKnow Your Fund Manager | Niket Shah, Chief Investment Officer, Motilal Oswal Mutual Fund My educational journey began with a Bachelor's in Commerce from RA Podar College and an MBA in finance from Welingkar's Institute of Management Studies.My professional journey has been marked by a series of deliberate steps, each contributing to my ...
20 May, 2024, 03.00 PM ISTIndia ranks first in adoption of GenAI across Asia Pacific: Deloitte survey The report, titled ‘Generative AI in Asia Pacific’, said 93% of students and 83% of employees in the country are actively engaging with GenAI.
16 May, 2024, 08.26 PM ISTAWS makes Amazon Bedrock available for developers in India Making the announcement at the AWS Summit Bengaluru, the global technology giant has piloted the service with Indian organisations such as Healthify, L&T Technology Services (LTTS), Max Life Insurance, GupShup, Fibe, Happy Fox, ShellKode and Yellow....
16 May, 2024, 04.12 PM ISTCompany boards are getting younger, but balancing vitality with expertise is key to success Organisational leadership is evolving with younger individuals joining company boards in the dynamic startup landscape. While they bring fresh perspectives and innovation, challenges arise from limited experience in governance. Diverse boards with a...
15 May, 2024, 04.05 PM ISTOver 86% senior execs using AI for driving revenue growth: TCS study 86% of senior business leaders, per TCS study, use AI for revenue growth. 45% expect half their workforce to use Generative AI in 3 years. Harrick Vin notes AI solutions deployment challenges. 57% executives are excited about AI impact. Enterprises ...
15 May, 2024, 02.43 PM ISTIndia playing crucial role in advanced manufacturing: N Chandrasekaran The Tata Sons chairman noted that companies are adjusting their supply chains to achieve a balance between resilience and efficiency. Additionally, Chandrasekaran emphasized the emergence of new global supply chain ecosystems, with India assuming a ...
10 May, 2024, 02.55 PM ISTHiring intent for fresh talent up 6% in H12024: Report Roles such as graphic designer, legal associate, chemical engineer and digital marketing executive are in high demand across industries for freshers, according to TeamLease EdTech’s Career Outlook Report.
13 Feb, 2024, 12.23 PM ISTPLI a pivotal force that's reshaping Mfg landscape The PLI scheme has propelled the growth of the toy and defence sectors, leading to increased exports. It has also supported green technologies like e-vehicles and solar panels, exceeding India's targets on renewable energy. The scheme plays a pivota...
12 Feb, 2024, 11.07 PM IST