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Comment
Hi Jeff,
What are your thoughts on artificial intelligence in education? How will it impact the industry in the future? And how will the smart-classrooms change with AR/VR technology?
Thanks.
Bhargav
Thanks for your questions, all questions will be answered tomorrow. We are taking more till 4p.m. today.
Too early to tell impact of blockchain on India economy. Regulation will be a major factor in adoption of blockchain, so this is very difficult to predict. However, if the potential of Internet of Things (IoT) is to be realized, an automated secure payment (including micropayment) mechanism is required. Blockchain is probably leading candidate for this at this time. Thus, if India wants to implement IoT, blockchain, or something similar, will be required.
Indian companies have one huge advantage compared to Chinese companies – traditionally, Indian companies have focused on external/global opportunities from Day1, while Chinese companies have tended to focus on the internal China opportunity. Thus, many Indian companies are better known globally than Chinese companies, but this is changing with Alibaba and Tencent.
The English speaking advantage of India will be significant for some time – automation will not remove this obstacle in the short to medium term.
The more interesting question – which Indian software companies could enter China? This is probably the single biggest software market in the future – can/should India ignore this opportunity?
No lessons from China. They solved this problem through limiting birth. For India, youth and numbers are a blessing if enough good jobs can be created. If not, more bodies are a drag on the economy. Good news, I think India has caught the entrepreneurship bug! Everyone sees opportunity, particularly in mobile. Also, more new companies focusing on domestic opportunity of India, rather than serving global markets. Other factor driving this is the cost to start a business has declined dramatically, as most software is “pay as you go” these days. No one understands India better than Indians!!!! Huge opportunity!!!!!
In the short to medium term AI not critical for classroom. At least at graduate level. In an MBA, many of the questions/problems are highly unstructured, and thus not easily solvable by AI. I think you will see more electives with AI providing in-depth analysis/support and students/managers can then make more informed choices. So hopefully, management moves from intuition to factual insights!
Thanks for the opportunity Jeff. I have a question for the professor in you. For a long time, it has been said that the youth of India is its strength. The IT sector benefited in a massive way from the available talent and the youth benefited from the BPO jobs. But that balance is already breaking. There are less jobs than before, the existing degrees can't get a decent job and new job roles are still being defined.
How do you think India can manage its young talent well in the coming decade? Are there any lessons from China?
Thanks for NASSCOM Community to connect with Dr Jeffery L Sampler !!!
What is the impact on Blockchain technology on Indian economy ?
Given that you have studied Indian companies, what sort of future preparedness do you see in the Indian ecosystem, especially, compared to China?
Secondly, are Indian BPOs losing the edge that English speaking youth gave it? Will there be scope for such an edge in the age of automation?
Thank for the opportunity to connect with you! I have two questions.
1.What are the key value propositions (both generic and specific) that can be presented by an IT outsourcing services company from India. Is there any major shift in value proposition pitch from 10 years back to the next decade?
2. What are the marketing challenges that you foresee for Indian-origin enterprise software applications globally? Can you share some solutions with respect to what their brand building strategies should be?
Technology Marketer