Opinion | A human-centric approach to unlock growth
Industry 4.0 is a double-edged sword. On one side, we have an artificial intelligence (AI)-driven $15.7 trillion game-changer that is unfolding. Of this, India can claim a $957 billion boost to its gross domestic product in the next 12-15 years. On the other side, it’s this (cutting-edge technologies such as AI) that will disrupt 70% of market leaders across industries in the next 10 years.
The availability of relevant talent (or the lack of it) will decide which way industries (and nations) will go. Re-skilling/upskilling is the only way out and will have to be undertaken by every stakeholder.