Dr. Velumani on who will survive the AI Revolution? @Groww

Dr. Velumani on Who Will Survive the AI Revolution? @Groww

State Bank of India announced a nationwide bond for two days because their management declared they are bringing in AI systems. Consequently, all employees planned a two-day strike.

In light of today's announcement by the State Bank of India to remove all current computers, concerns arise about job security. However, the introduction of AI should not incite fear of job loss. Instead, AI will facilitate easier work for everyone. Improved productivity due to AI will lead to better profitability and overall prosperity. As an employer prospers, so too will the employees.

However, those who do not update their knowledge and skill sets will struggle, but overall, AI will foster prosperity for humanity. It will not disrupt society or bring about chaos.

Keywords

• State Bank of India
• Two-day strike
• AI systems
• Job security
• Productivity
• Profitability
• Prosperity
• Skill set Update

FAQ

Q: Why did the employees of State Bank of India organize a two-day strike? A: The employees organized a two-day strike in response to the management's announcement of bringing in AI systems, which they feared could lead to job losses.

Q: How will the removal of all current computers affect the bank's operations? A: The removal of current computers and the integration of AI will facilitate easier work, potentially increasing productivity and profitability.

Q: Will AI lead to job losses in the State Bank of India? A: No, AI is expected to make work easier and more efficient, thereby improving overall productivity and profitability, not causing job losses.

Q: What should employees do to thrive in the AI revolution? A: Employees should continually update their knowledge and skill sets to stay relevant and thrive in an AI-driven environment.

Q: How will the introduction of AI affect overall prosperity? A: As productivity and profitability improve through AI, it will lead to greater overall prosperity for both the employer and employees, fostering a prosperous society.

Q: Will AI disrupt the societal peace? A: No, AI is not expected to disrupt societal peace. Instead, it aims to promote prosperity and easier work, benefiting humanity as a whole.