Part 8/12:
Addressing urban-rural migration and employment, Ronnie notes AI’s dual potential: displacement and augmentation. While some fear job losses, he underscores that AI’s primary impact is augmentation—enhancing productivity and enabling new kinds of employment. Displacement creates opportunities elsewhere; the key is to reskill and unlearn outdated methods.
He emphasizes that India’s future economy hinges on turning its cost arbitrage into a knowledge economy, positioning itself as an intellectual hub. The nation’s challenge, he admits, is job creation amidst technological upheaval. Yet, he is optimistic, citing the success stories of Indian telecom and IT sectors that prioritized both profitability and impact, demonstrating that growth and social progress can go hand-in-hand.