Artificial Intelligence (AI) is no longer a futuristic concept — it is here, actively shaping how decisions are made, risks are managed, and careers are evolving. Yesterday, I had the privilege of addressing students at Lal Bahadur Shastri Institute of Management (LBSIM), Dwarka, New Delhi, on the fascinating intersection of AI and finance. The session was an engaging exchange of ideas, where we explored not just how AI is transforming industries today, but also how aspiring professionals can prepare themselves for tomorrow.
The discussion began with a critical question: Am I still relevant in a world where machines are becoming smarter every day? This is a question every finance professional must ask. From there, we examined real-world applications — how AI is driving efficiency in banking, consulting, and taxation. Generative AI, for instance, is estimated to add $2.6–$4.4 trillion in annual economic value globally, with financial services accounting for a major share through risk analysis, fraud detection, and software productivity. We also looked at the flipside — how AI is creating global divides, influencing geopolitics, and challenging existing regulatory frameworks.
One of the key themes we discussed was skills obsolescence. Research indicates that by 2030, over 60% of traditional tax administration skills could become outdated, replaced by expertise in data management, automation, and predictive analytics. This doesn’t spell doom — it signals opportunity. Students were encouraged to think of upskilling in AI, data science, and communication as essential to their career journeys. In fact, the most exciting part of the session was exploring how finance careers in an AI-first world won’t just survive — they will thrive, provided professionals learn to blend human judgment with machine intelligence.
What stood out for me was the energy and curiosity in the room. The students didn’t just listen; they questioned, debated, and connected the concepts with their own aspirations. For me, this reinforced a simple truth: AI may be the tool, but it is people who will determine how transformative it truly becomes.
I want to extend my gratitude to LBSIM for inviting me and for the thoughtful participation of its students. The experience reminded me once again that education isn’t about delivering content — it’s about igniting curiosity. And if yesterday’s lecture was any indication, the next generation of finance leaders is ready to embrace that curiosity and drive meaningful change in an AI-powered world.
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