AI Will Rule The World - Loss of Jobs, Humanity in Next 7 years | Ft. Srikanth Velamakanni | FO 52

In this latest episode of Figuring Out Podcast, we have Srikanth Velamakanni, Founder of Fractal Analytics and we have discussed:

-How AI will replace all the jobs and to fight that?
-What skills you should learn to future ready?
-How technology is controlling us?
-How to learn about AI or Tech to understand and imply the usage of tech in current jobs?
-What should be the mindset of students sitting for placements and what is the biggest mistake they made?
-Next big industry where people can make insane amounts of money

Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. In 1998, he joined ANZ Investment Bank from business school in the structured debt department and he got a chance to work with clients such as Enron and in sectors such as aircraft finance. A move to ICICI Bank’s structured products group followed—“due to lifestyle issues”—and this is where Srikanth and Pranay Agarwal, eventually a co-founder at Fractal, worked on India’s first collateralized bond obligation (CBO) in 1999.

It was at ICICI Bank that Velamakanni and Pranay, both deeply involved in financial math in their jobs, decided that there was potential to use math to help businesses such as banking do better. Then they Co-Founded Fractal Analytics. 

Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. Fractal’s mission is to power every human decision in the enterprise and to use the power of AI to help the world’s most admired Fortune 100 companies. Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies.

Srikanth Velamakanni's
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00:00 - Introduction
00:58 - Discussion topics
02:44 - Mistake students make during placements
06:52 - Top 3 industries people should pick today?
08:47 - Brutal reality of the finance industry
10:06 - How to identify if this company will give you growth or not?
12:51 - Is AI or technology eating all our jobs?
17:59 - How to learn about AI?
25:03 - How to build a business around a problem?
29:43 - Technology boon or bane?
31:08 - Risks of technology world can face
43:38 - What is behavioural economics?
53:11 - Most fascinating thing about Indian Consumers
1:02:51 - 3 books everyone should read
1:10:20 - Next big industry
1:13:00 - Conclusion

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About Raj Shamani
Raj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.

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About Figuring Out
Figuring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with