siliconindia | | MAY 20248Technology is quickly reshaping global services, revolutionizing different industries and altering how companies interact with customers worldwide. Utilizing advanced technology allows businesses to optimize operations, expand their reach, and provide more personalized and efficient services. In areas such as communication, healthcare, finance, and education, technology enhances organizational productivity, broadens influence, and tailors offerings. As technology continues to advance and impact the economy, it's important for our societal norms to adapt in parallel. The emergence of Artificial Intelligence as a major platform shift holds the potential to significantly impact our future growth and prosperity. This development prompts to consider the implementation of universal basic income as a new layer of the social safety net to address the changes brought about by AI.India's Tech BoomThe reforming of global manufacturing is largely influenced by geopolitical shifts and the COVID-19 pandemic. However, developments in robotics, 5G, data management, and AI are the main drivers behind the trends of reshoring and near-shoring. The rapid integration of intelligent digital technologies is increasing across various sectors such as electric vehicle production, electrical batteries, and solar panels. Even traditional industries like steel, previously seen as slow-moving and conservative, are now embracing these innovations.India is increasingly emerging as a central hub for technology and services, powered by its innovation, skilled workforce, and vibrant entrepreneurial ecosystem. Cities such as Bangalore and Hyderabad are becoming major global tech centers, cultivating a strong startup culture that impacts a variety of technological fields, including EDITORIAL EXCLUSIVEARE TECHNOLOGICAL ADVANCES THE KEY TO ENHANCING GLOBAL SERVICES?
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