Live
- Nagar Kurnool DSP Srinivas led lightning raids on poker base
- New Collector Appointed for Mulugu District as Ila Tripathi Transferred
- Steve Papermaster's Vision: Cultivating a Global Talent Pool for the AI-Driven Future of Work
- Express your Love this Raksha Bandhan with Unique Gift Ideas for Brothers and Sisters
- Building Bridges to Success: discussing the Crucial Role of Networking for Startup Founders with Pavitra Pradip Walvekar
- TunvieyMopalwar: An Entrepreneurial Dynamo
- SEBI’s Role in Protecting Investors: Key Policies and Their Impact
- Maximizing Returns Through Smart Investing with Demat Accounts
- How to Convert Salary Account to Savings Account
- Revamp Your Wardrobe with Lavie Luxe's Chic and Versatile Handbags
Paytm to use AI for fraud detection and customer service
Paytm
Paytm will use AI for fraud detection, customer support, onboarding, etc. The Paytm founder and CEO, Vijay Shekhar Sharma, confirmed the same, saying that much of the work of humans will be done by AI.
Ever since artificial intelligence gained popularity worldwide, people have wondered what kind of tasks AI will perform instead of humans in the future. Paytm's founder and CEO, Vijay Shekhar Sharma have now disclosed that the company will use generative AI in several areas, including fraud detection, customer support, customer onboarding, etc., now be carried out by artificial intelligence.
Paytm CEO says AI will do the job of humans
According to a Business Today report, Paytm CEO Vijay Shekhar Sharma, during a post-earnings call with analysts, said the platform had seen development in the past year and will soon use generative AI in fraud detection, support customer, and customer onboarding. Therefore, AI will carry out several tasks in the company.
"Generative AI will do a lot of work of humans from onboarding to customer care and fraud detection. Not only will those things become more efficient, but also help the business to scale to a new level of solutions," he said, according to the report.
It still needs to be determined whether this will affect human jobs. The report also added that Paytm's CEO feels that generative AI will "revolutionize the way server-side components are used, just like Google did with an Internet search." The entrepreneur also thinks that AI technology, by replacing work done by humans, will result in greater efficiency in the areas above and help companies scale to new heights of solutions.' While some believe this will help humans be more efficient at their jobs, others worry that technology could replace many jobs in the future. Whether AI will replace human jobs is debated, and different people have different views.
