Category "AI"

AI Gives ₹150 Cr Loans Monthly at Bajaj – No Humans Involved! Is This the End of Jobs in India?

- - AI

In a groundbreaking move that underscores the rapid integration of artificial intelligence (AI) in financial services, Bajaj Finance now disburses 10,000 loans totaling ₹150 crore every month, entirely through AI systems without human intervention. This remarkable shift not only showcases the potential of AI to revolutionize traditional industries but also...

AI-Driven Layoffs: A Global Overview

Artificial Intelligence (AI) is rapidly transforming industries worldwide, leading to significant shifts in employment patterns. While AI offers numerous benefits, such as increased efficiency and innovation, it also poses challenges, particularly concerning job displacement. This blog explores recent AI-induced layoffs in India and abroad, the sectors most affected, and strategies...