Thought Factory

More than 1 lakh tech employees were laid off so far in 2023. Some close associates of mine who got great academic credentials and stellar careers so far are part of the downsizing. This is particularly affecting mid-career IT professionals who spent a decade or two in the IT industry, built skills in a niche industry or technology areas, and are unable to look for alternative careers at this juncture of life. Moreover, such professionals are most likely married with kids, would have purchased a property or two under loan and also take care of their aging parents.  Preparing for job loss can be a difficult and stressful experience. However, following steps, you can take to prepare yourself both financially and emotionally. Build up your savings:  Start saving as much money as you can to build up an  emergency fund  that can support you for at least a few months in case of job loss. This will help you cover your basic expenses until you can secure a new job. Update your resume and profi

Recently OpenAI has made Chat GPT public and it is already shaking the tech world. Students are using chat GPT for their assignments, digital marketers are using it for content creation and so on. Lets look at how AI could possibly impact the world in the next decade. One of the most significant areas where AI is expected to make an impact is healthcare. AI-powered diagnostic tools, such as image and speech recognition software, will help doctors identify illnesses and diseases more quickly and accurately. Additionally, virtual assistants and chatbots will be used to help patients manage their symptoms and connect with healthcare providers. These tools will not only improve patient outcomes, but also reduce costs for healthcare systems. Recently OpenAI has made Chat GPT public and it is already shaking the tech world. Students are using chat GPT for their assignments, digital marketers are using it for content creation and so on. Lets look at how AI could possibly impact the world in t