Summary: AI’s Impact on Legacy Systems and Work
Infosys Chairman Nandan Nilekani highlighted that AI eliminates the justification for maintaining legacy systems during Infosys AI Day. He noted that organizations are spending 60-80% of IT budgets on outdated systems, urging a clean-up for AI adoption. Nilekani emphasized the opportunity for rapid and cost-effective modernization thanks to AI tools. However, he warned of the risk of generating new “AI legacy systems” that will require future management.
Australia’s Fair Work Commission is overwhelmed by a surge in unfair dismissal cases, attributed to generative AI tools like ChatGPT. The FWC anticipates over 50,000 filings this year, disrupting operations and performance. To address this, the FWC plans to introduce mandatory AI disclosure in court filings.
Meanwhile, Vietnam has launched drone delivery routes to enhance digital mobility, while India has joined the Pax Silica initiative for AI and supply chain security with the U.S., aiming to foster innovation and industry partnerships.