Kolkata: IT industry veteran and Infosys founder NR Narayana Murthy has again advocated for the need for a 70-hour workweek work culture in India. Speaking at the centenary launch of the Indian Chamber of Commerce, Murthy appealed to India’s youth to embrace hard work and help the country reach its full potential at the international level.
Murthy appealed to the Indian youth to work hard work and performance to earn respect for oneself and for the country.
“I urge the youngsters to understand that we have a great responsibility to fulfil the pledge of our founding fathers (of the nation). We have greater responsibility as enunciated by scriptures. We have to show fairness and justice to create opportunities for the less fortunate one. That is why we have to work hard,” he said.
The Infosys founder urged the entrepreneurs to embrace “compassionate capitalism”.
Narayana Murthy also backed the growth of Artificial intelligence (AI) in India, stating that technology is a “great leveller”.
“Technology is about reducing cost. It’s about increasing revenues and profitability. So technology has a lot of value. It also does something that most people don’t realise. Technology is a great leveller. So we need technology in India if we want to reduce the gap between the well-to-do and the not-so-well. That’s what financial inclusion has done,” he said.
“My personal view is there are areas where we cannot do without AI,” Murthy said.
While backing Artificial Intelligence, Murthy said the technology can be used in automatic cars, precision operations, disease detection and hazardous operations in which human beings may be exposed to high risk.
Infosys founder NR Narayana Murthy advocated for a 70-hour workweek in India, urging the youth to embrace hard work for national progress. He emphasised the importance of “compassionate capitalism” and highlighted AI’s potential as a “great leveller” to reduce economic disparity. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
