The Analytics Club of SCMHRD organized its first event for the academic year – Colloquium 2019: an annual analytics panel discussion which continued its legacy & turned out to be a huge success again as it witnessed enthusiastic participation from both the audience and the panellists. The occasion was graced by our esteemed panellists, the department head Dr. Ravi Kulkarni, faculty and students.
Colloquium 2019 provided insights into various facets of Artificial Intelligence. The agenda encompassed apprising the audience of the latest trends and the impact of Artificial Intelligence on the job market few years down the line. The event comprised of an insightful discussion on – “Artificial Intelligence – A job killer or a job provider”, where the dignitaries on the panel presented their take on the topic which was supported by their experiences from the industry.
Aparana Gupta, Analytics & Data Science Leader,Oracle moderated the panel discussion and talked about the pros and cons of AI mentioning that only mid skilled jobs will get impacted but the leadership roles or any job which requires a personal touch cannot be replaced by AI.
Srinidhi Shama Rao, Senior Partner, TheMathCompany, one of the panellists talked about how languages like R and Python will get obsolete in the coming times and primary focus would be given to modelling and hence the students should be trained right from their school days on the same lines.
Nikhil Nene, Manager, Client Solutions, Analyttica Datalab, another speaker on the panel spoke about rising productivity and job satisfaction because of AI. He also mentioned that AI will not take away jobs instead it will lead to more job creation and the kind of jobs might change as you cannot teach a machine imagination and creativity.
Panel member Abhishek Jain, Head Pricing & Analytics Centre of Excellence, Eaton gave various examples of companies where repetitive work is being replaced by AI and organizations are upskilling their employees through technology. So, an organization should consider its company culture before creating its own models.
Arpit Agarwal, Director, Decision Science ZoomCar, who was also a part of the panel, carried forward the same idea that AI is enabling penetration and hence increasing jobs. He also mentioned various fields like agriculture, farming etc. where AI is making an impact but not taking away jobs as machines cannot exist on their own.
All the panellists came to the conclusion that AI is a job provider not a job killer as it will create more jobs in different fields by increasing penetration & productivity. Only the mid skilled or repetitive jobs would be replaced by machines and hence organizations should upskill their employees. We should also equip our education system to focus and train students for the upcoming change.
The discussion rendered a whole new perspective to the audience about Artificial Intelligence and the contexts in which it can impact our lives.