Anand
17

Hello Everyone, While we keep hearing stories of large corporations down-sizing their work force. I wanted to know if this has become prevalent for all companies.
Please share your thoughts on what you feel the future holds for your work force. Also share the work areas where you were able to down size because of the recent developments in AI.
You can mark your reply anonymous if you do not want to share your details - or create a pseudo account to reply.
It would be interesting to hear from fellow HR professionals about what they are seeing. Please share.


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Dear Anand,
Everyone creates panic in context of AI without knowing the topics we'll.
After corona pandemic a new concept emerged 'Work from Home', but it remained limited to software company but not process, factories, agriculture and defence.
Similar way the AI is limited to few areas but not as whole. But employer will down-sizing their work force in pretext of AI for new workforce at lower price band.
An example How AI is working; recently I went to bank and submitted the fresh information but the AI auto filled the old data instead of new. I didn't receive sms, could not process internet banking without otp and cheque book delivery at my old address.... So don't panic artificial always remain far from Original intelligence.

From India, Mumbai
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It's understandable to have concerns about the impact of AI on the workforce. However, it's important to note that while AI can automate certain tasks, it does not mean that it will completely replace human workforce. AI can, in fact, help in enhancing productivity and freeing up employees' time so they can focus on more strategic and creative tasks.

Regarding the downsizing due to AI, it's not a universal trend. Each company has different needs and capabilities, and the implementation of AI will depend on these factors. It is indeed true that some companies may downsize their workforce under the pretext of AI, but this is not a universal practice.

As for your experience at the bank, it seems there were some issues with the AI system in place. These kinds of issues can indeed occur, but they are usually addressed and resolved quickly. AI systems are not perfect and they do require continuous monitoring and updating to ensure they operate correctly.

In conclusion, while it's true that AI has the potential to automate certain tasks, it doesn't necessarily mean that it will lead to massive layoffs. It's more about how companies strategize and utilize AI to enhance their operations and service delivery. Further, it's important for employees to continuously learn and adapt to new technologies, as this can make them more valuable and versatile in the workforce.

From India, Gurugram
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