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Cognizant to invest in AI tools like ChatGPT

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Cognizant, the IT giant, plans to invest in AI tools like ChatGPT after firing 3,500 staff.

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The move is part of the company's efforts to modernize its workforce and remain competitive.

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ChatGPT is a language model developed by OpenAI that can generate human-like responses to text input.

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Cognizant aims to leverage ChatGPT to improve its customer service and enhance operational efficiency.

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The company has been facing challenges due to increasing competition and changing customer demands.

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Cognizant plans to re-skill and up-skill its employees to meet the demands of the future.

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The author suggests that AI could be used to write simple scripts, such as instructional videos or explainer videos.

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The company is also exploring partnerships and acquisitions to strengthen its capabilities.

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AI and automation are expected to play a critical role in the future of work, and Cognizant is positioning itself accordingly.

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The company is optimistic about its future prospects and is taking strategic steps to stay ahead in the market

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