{"id":344068,"date":"2024-07-14T17:47:55","date_gmt":"2024-07-14T12:17:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=344068"},"modified":"2024-07-14T17:47:55","modified_gmt":"2024-07-14T12:17:55","slug":"ola-ceo-bhavish-aggarwal-sees-massive-potential-for-ai-development-in-india-warns-wont-happen-unless-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ola-ceo-bhavish-aggarwal-sees-massive-potential-for-ai-development-in-india-warns-wont-happen-unless-crypto-news\/","title":{"rendered":"Ola CEO Bhavish Aggarwal sees massive potential for AI development in India, warns &#8216;won\u2019t happen unless\u2026\u2019 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"mainArea\">\n<div class=\"FirstEle\">\n<p>As India has largest amount of data and largest IT services industry in the world, the country can do to artificial intelligence (AI) what China did to manufacturing, said Ola founder and chief executive officer (CEO) Bhavish Aggarwal on Sunday.<\/p>\n<\/p><\/div>\n<div class=\"paywall\" id=\"paywall_11720953101867\">\n<p>In a post on social media platform X (formerly twitter), <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/news\/trends\/fully-in-sync-with-ola-ceo-bhavish-aggarwal-backs-narayana-murthy-s-70-hour-work-week-advice-11720607337496.html\">Bhavish Aggarwal <\/a>said: \u201cIndia has: Largest # of developers in the world. Largest # of silicon designers in the world. Largest amount of data in the world. Largest IT services industry in the world. India can do to AI what China did to manufacturing.&#8221;<\/p>\n<p>It \u201cWon\u2019t automatically happen unless we make it happen!&#8221; he added.<\/p>\n<p>Earlier also, the <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/companies\/people\/technocolonialism-bhavish-aggarwal-likens-tech-giants-to-east-india-company-says-20-of-global-data-from-india-11720407957828.html\">Ola founder <\/a>had called for India to become a global hub for AI-related jobs leveraging its vast pool of IT professionals.<\/p>\n<p>\u201cIn India, there are tens of millions of IT services professionals and young people. Today, they are doing some work for global clients. Their work can be 10x more productive. That means not to get jobs that will be one tenth. That means we can bring 10x more jobs to India,&#8221; Bhavish Aggarwal had told news agency <i>ANI<\/i> in an interview on July 7.<\/p>\n<p>\u201cSo we have to, we can only do that if we embrace AI. If we become the leaders of embracing AI and because of that, our economy becomes more productive faster and we create the future AI jobs in India for the whole world,&#8221; he had said.<\/p>\n<p>On AI\u2019s impact on the job market, Aggarwal had also said: \u201cTo quantify is difficult, but I would say AI will create new jobs, AI will take away jobs also.&#8221;<\/p>\n<p>The productivity boost due to AI is expected to lead to job displacement in certain areas, but would also create new opportunities in others, and in the near term the biggest impact of AI will be on white-collar jobs rather than blue-collar roles, he added.<\/p>\n<p>Bhavish Aggarwal had also lashed out against \u201cwokeism&#8221;.<\/p>\n<p>\u201cThey&#8217;ve (big-tech companies) become their own sovereigns. Their mindset is that we are setting the rules of the world. All these big tech companies, and I don&#8217;t mind saying the names, Microsoft, Google, any of these, Meta, you know, they are setting the rules of the world in their own mind,&#8221; the Ola CEO had said. \u201cSo, what happened in this case, I&#8217;m a user of LinkedIn. I publish my thoughts on LinkedIn frequently and engage with people. I saw that LinkedIn Pay has made that if you don&#8217;t enter your pronouns, it&#8217;ll refer to you as &#8220;they&#8221;. And I don&#8217;t know when they moved from gender to pronouns. Whereas I&#8217;m a man. I mean, I want to be referred to myself as a &#8220;he&#8221;, but I don&#8217;t want to set my pronouns because they&#8217;re forcing me to engage with this political philosophy of wokeism by making it sort of mandatory.&#8221;<\/p>\n<p class=\"milestone\"><strong>Milestone Alert!<\/strong><br \/>\nLivemint tops charts as the fastest growing news website in the world <span>\ud83c\udf0f<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.read.ht\/QvEN\" data-name=\"Whatsapp_channel\"><strong>Click here<\/strong><\/a>  to know more.\n<\/p>\n<p class=\"benefitText\"> 3.6 Crore Indians visited in a single day choosing us as India&#8217;s undisputed platform for General Election Results. Explore the latest updates  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.livemint.com\/elections\/lok-sabha?utm_source=eoa&amp;utm_medium=eoa&amp;utm_campaign=election36m\"><strong>here!<\/strong><\/a>\n<\/p>\n<div class=\"disclamerText\" id=\"disclamerArea_11720953101867\">\n<div class=\"seeless\" id=\"disclamerText_11720953101867\">\n\t                Catch all the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/\" class=\"bold\">Business News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\" class=\"bold\">Market News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\" class=\"bold\">Breaking News<\/a> Events and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/latest-news\" class=\"bold\">Latest News<\/a> Updates on Live Mint.<br \/>\n\t        Download The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/apps\" class=\"bold\">Mint News App<\/a> to get Daily Market Updates.\n    <\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/ai\/javascript:void(0)\" class=\"readMore\" id=\"readMore_11720953101867\">More<\/a><br \/>\n<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/ai\/javascript:void(0)\" class=\"readLess\" id=\"readLess_11720953101867\">Less<\/a>\n<\/div>\n<p>\n\t\tPublished: 14 Jul 2024, 05:38 PM IST\n\t<\/p>\n<aside class=\"moreAbout\">Topics You May Be Interested In<br \/>\n<\/aside>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As India has largest amount of data and largest IT services industry in the world, the country can do to artificial intelligence (AI) what China did to manufacturing, said Ola founder and chief executive officer (CEO) Bhavish Aggarwal on Sunday. In a post on social media platform X (formerly twitter), Bhavish Aggarwal said: \u201cIndia has: [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":344070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[284,263,262,10925,260,259,258,5582,1064,265,202,15194,261,264],"class_list":["post-344068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse","tag-artificial-intelligence","tag-axie-infinity","tag-axs","tag-bhavish-aggarwal","tag-decentraland","tag-facebook","tag-game","tag-it-services","tag-manufacturing","tag-mark-zuckerberg","tag-nft","tag-ola","tag-sandbox","tag-vr"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/344068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=344068"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/344068\/revisions"}],"predecessor-version":[{"id":344072,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/344068\/revisions\/344072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/344070"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=344068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=344068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=344068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}