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Philanthropic firm Infosys Foundation USA will provide USD 200,000 (about Rs 1.6 crore) to support tech careers in Indiana, it said in a statement on Tuesday. The funding is expected to help 5,000 residents of Indiana, commonly referred to as Hoosiers. The funds will be transferred to the Central Indiana Corporate Partnership (CICP) Foundation. CICP will, in turn, assist TechPoint -- Indiana's industry-led growth initiative for the technology ecosystem -- and Nextech and Indianapolis Public Schools, which will implement new tech-career programmes in central Indiana. "Infosys Foundation USA, a non-profit organisation focused on bridging the digital divide in America, announced a USD 200,000 investment to support Hoosiers in their pursuit of upskilling for tech careers," the statement said. "Overall, nearly 5,000 Hoosiers are expected to benefit from this programme, which aims to increase participation from historically under-represented populations," the statement said.
Generative Artificial Intelligence is likely to be a tool for augmentation of roles rather than replacement of jobs, although the specific impact on the workforce will become clear overtime, Nasscom Senior Vice President and Chief Strategy Officer Sangeeta Gupta. Her observation comes in the backdrop of several roles in the tech and non-tech industry being impacted by automation, and an industry push for self-regulation and upskilling with companies like HCLTech and Wipro announcing plans to leverage knowledge automation. "How gen AI will impact jobs in India is still very unclear. Because implementation of Gen AI will happen... we believe it's more a tool for augmentation than replacement," Gupta told PTI on the sidelines of the Nasscom Annual Technology Conference 2023. Speaking at the event, Accenture Managing Director Matt Carroll said AI can potentially replace the 40-hour work week, freeing up time for people to chase their interests. Nassom's Gupta said that the DPDP bill ..