BAKU, Azerbaijan, October 11. Artificial intelligence is contributing to the emergence of new industries and professions of the future, the head of analytics and insights at Verizon Ansar Kassim said at the "INMerge Innovation Summit" organized by PASHA Holding for the fourth time, Trend reports.
“Artificial intelligence will create numerous new sectors, much like electricity did. This will create numerous jobs. Many jobs you'll do in 10 years don't exist now. My AI job didn't exist ten years ago either. Small AI labs existed then, but not on the same scale as presently. It takes eight years for new jobs to emerge, but this time may shorten,” he noted.
According to him, labor productivity was experiencing a remarkable surge, driven by two transformative innovations - electrification and digital technology.
“Today, artificial intelligence is also helping to increase productivity, and the results of this will be visible soon,” he said.
To note, "INMerge Innovation Summit," organized by PASHA Holding, is designed to contribute to the development of the innovation ecosystem in Azerbaijan by bringing together startups and investors, providing opportunities for cooperation, as well as creating a platform for the exchange of ideas and experience between all participants of the innovation ecosystem.