
At Davos 2026, AI expert Andrew Ng emphasized the ongoing advancements in AI despite waning public excitement. He highlighted the importance of open-source AI for India's strategy and warned of significant disruption to the country's IT services sector without rapid workforce upskilling. Ng also cautioned against immigration restrictions in the US AI race and urged CEOs to master AI fundamentals. He stressed that nations embracing AI transformation will gain competitive advantages, while hesitation may lead to job displacement.
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