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Deepti prasad biography of abraham

It is Artificial Intelligence. The application of Big Data is creating a whole new world altogether. And Deep Tech companies are the engines that are driving this transformation. The future is all about automation, artificial intelligence, and machine learning. And any business or industry that does not join the shift might want to reconsider given the wave of change is already set in pace.

This is primarily why the Indian and the Global deep tech ecosystem is on a swift rise. In , the U. Given the promising prospects in the future, it is obvious that the Deep Tech space has vast employment opportunities.

The Australasian Alumni association promotes

According to studies, almost half of the Indian workforce will be savvy with AI skills in the coming years. Contrary to the common opinion that AI will replace jobs, it is, in fact, creating new ones at a fast pace. According to WEF , machines will replace 85 million jobs by However, AI and ML will penetrate the market with 97 million new jobs by The cause of concern is not really the replacement of employment but something else.

And that is the gender ratio disparity of employment in Deep Tech. The gender disparity in the Deep Tech space is worrisome.