Artificial Intelligence

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The world is facing “a perfect storm of multiple colliding trends,” including rising trade barriers, a shift away from global integration, rapid advances in AI, and the push for cleaner energy, Infosys Ltd chairman Nandan Nilekani told shareholders at the company’s 44th annual general meeting on Wednesday.

Generative AI will automatically generate at least three-fourth of analytics content by 2027, up from just 10% in 2023, according to global research firm Gartner—a striking shift that shows how fast AI is reshaping business decision-making.

India’s domestic artificial intelligence (AI) market is poised to more than triple to $17 billion by 2027, according to a new report from the Boston Consulting Group (BCG), placing the country among the fastest-growing AI economies globally.

Pointing to the earlier waves of disruption such as the rise of the internet and cloud computing, Krish said concerns over job losses have surfaced with every major technological breakthrough, adding that “it’s wrong to look at it through the lens of job loss and it is more an opportunity to transform skill.”