How AI is Transforming Job Creation: Insights from Silicon Valley Leader Radha Basu
The Times Of India1 week ago
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How AI is Transforming Job Creation: Insights from Silicon Valley Leader Radha Basu

Tech Startups
ai
jobcreation
womenintech
leadership
techinnovation
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Summary:

  • Radha Basu has a remarkable career spanning over two decades in tech leadership.

  • iMerit has created over 500,000 jobs, emphasizing AI's role in workforce development.

  • Basu advocates for collaboration with governments to enhance the impact of technology.

  • She discusses the glass ceiling and the importance of resilience for women in tech.

  • Basu balances her work between Silicon Valley and India, focusing on AI advancements.

The Journey of Radha Basu

Radha Ramaswami Basu's career is marked by significant transitions. With over two decades at Hewlett Packard, she was pivotal in launching the company in India and growing it into a $1.2 billion business. Later, as the CEO of SupportSoft, she led the company through successful IPOs. Currently, she serves as the founder and CEO of iMerit Technology, a company focused on data solutions that drive machine learning and AI applications while promoting social inclusion through an inclusive workforce of marginalized youth and women.

AI's Role in Job Creation

In an exclusive interview with the Times of India, Basu emphasized that AI is creating jobs, countering the common fear of job losses due to technology. She stated, "Our foundation has helped create over 500,000 jobs and trained young people to join the global workforce." iMerit is not just a technology company; it is also committed to social applications of AI.

Collaboration with Governments

Basu believes in collaborating with governments in both India and the US to amplify the impact of her ventures. She is focused on areas like skilling, job creation, and healthcare, stating that working with the government can magnify the positive effects of technology.

Overcoming Challenges as a Woman Leader

Recognized as a trailblazer among Indian American women entrepreneurs, Basu reflects on the glass ceiling she faced early in her career. She encourages women to share their stories and learn from one another, advocating for self-confidence, grit, and resilience. "You go through slips and mistakes; pick yourself up, dust off and move on," she advises.

Balancing Work and Life

Basu acknowledges the challenges women face in balancing corporate responsibilities with home life. She stresses the importance of juggling roles and encourages women to seek support and advice from each other.

A Vision for the Future

With 4000 employees working in AI across India, Basu frequently travels between Silicon Valley and India. She sees herself as an optimist, focused on solutions rather than complaints, and believes in leveraging her unique cultural background to make a positive impact in both countries.

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