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Unleashing The Potential: How Big Tech And Human Ingenuity Merge In AI Advancements

Inc42 · 9m

India is poised to be a leader in the global AI market, with over $4 billion invested in AI in 2022-23 and a projected demand for 1.25 million to 1.35 million AI professionals by 2027. The country's focus on #AIforAll aims to maximize the benefits of AI across all sectors of society, driven by a three-pronged strategy by NITI Aayog. The convergence of big tech and human ingenuity is transforming HR operations, with AI and machine learning enhancing employee development, organizational culture, talent management, and operational efficiency. Additionally, fostering an innovative culture and utilizing AI in HR practices can lead to improved employee experiences and decision-making. Challenges such as ethical considerations, integration with existing systems, and data privacy and security must also be addressed for the successful adoption of AI. Overall, India has the potential to be a pioneer in responsible and inclusive AI adoption, driving economic growth and social progress.