AI will Create 100 Million Jobs: Dr. Gopichand Katragadda, President, The Institution of Engineering and Technology
The Institution of Engineering and Technology, a leading global engineering body, successfully concluded its presidential address event on "Charting the Course for Engineers in India: AI for a Resilient Future". The event featured a roundtable discussion on new energies by eminent industry experts, the announcement of the winners of the IET India Awards and the IET Scholarship Award, and the...
The Institution of Engineering and Technology, a leading global engineering body, successfully concluded its presidential address event on "Charting the Course for Engineers in India: AI for a Resilient Future". The event featured a roundtable discussion on new energies by eminent industry experts, the announcement of the winners of the IET India Awards and the IET Scholarship Award, and the presidential address by Dr, Gopichand Katragadda, tech veteran and Founder of Myelin Foundry. Dr. Katragadda is the first Indian president of the global engineering body.
During the address, Dr. Katragadda highlighted that AI jobs should be India's focus. According to him, AI will create 100 million jobs, of which 70% will be in data creation and annotation, 20% in application development and 10% globally leading algorithms. Speaking on the occasion, he said, "The engineering ecosystem in India is undergoing a dramatic transformation leveraging and driving AI based outcomes. As one of the largest engineering bodies in the world, the IET holds immense responsibility to mobilize the members of the engineering community towards driving AI use for social good. I am looking forward to leading this initiative and contributing towards the IET's journey towards inspiring and influencing the global engineering community."