Year 2023 will be remembered for Generative AI which is becoming a part of every industry. Similarly, every industry is set to be lit with a new wave of innovation. The ‘Future of Jobs’ report by the World Economic Forum (TCS is a strategic partner to the WEF), estimates that 12 million more net jobs will be created by AI, than displaced by it, by 2025.
For example, the healthcare industry will see a massive shift from generic treatment to AI-led diagnosis and personalised treatment, from reactive care to predictive care. Retail is another industry where GenAI can transform experiences — from predictive inventory management for retailers to personalised shopping experiences for customers.
