XLRI PGDM(GM) continues CXO series with Srikanth Velamakanni

The session ended with multiple questions from the audience on the implications of AI applications in businesses and their adaptation to our lives.

XLRI PGDM(GM) continue to conduct its CXO series with hosts Srikanth Velamakanni, Co-Founder, Fractal. The event began with an Inaugural Address by Dilpreet Kaur. XLRI Jamshedpur students welcomed the guest speaker Srikanth Velamakanni, and his family with flower bouquets.

It was a technically packed and informative session for the budding business leaders of XLRI. Velamakanni talked about how there are different myths revolving around AI, and not only did he break those myths but went on to emphasize how AI is actually helping people uplift their lives. He shared some interesting use cases for AI and how it augments businesses all around the world, be it healthcare, supply chain & logistics, telecommunications, oil and gas etc.

Further discussion was on AI changing the work profiles across all industries, with quantum computing being the next big change. There was a comprehensive address on the overall market scenario of AI business, starting with the challenges in its building solutions to the adoption being matched with human expectations.

To encapsulate, the overall process was automated from Data to decision, it is then we are talking about AI Transformation. On the question of whether AI or any emerging technology replacing human jobs, Velamakanni put forth the idea that “it is not humans vs. machines, it is humans with machines”.

The session ended with multiple questions from the audience on the implications of AI applications in businesses and their adaptation to our lives.

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