Paytm founder Vijay Shekhar Sharma says that the company will go to AI before

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Paytm founder Vijay Shekhar Sharma says that the company will go to AI before

Paytm founder Vijay Shekhar Sharma says that the company will go to AI before

Paytm founder Vijay Shekhar Sharma says that AI will not only change regular human functions, but will also open renewed opportunities in emerging technical domains.

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Paytm founder Vijay Shekhar Sharma says that the company will go to AI before
Vijay Shekhar Sharma, Paytm Founder

In short

  • The founder of Paytm says that AI will replace regular jobs, but it will also make a new technical role
  • In March 2024 quarter, Paytm’s sales workforce declined by about 3,500
  • As part of this AI-in-manual ambition, Paytm is operating an AI-managed passbook

Paytm founder Vijay Shekhar Sharma has underlined the imperative of artificial intelligence to resume the future of the work, claiming that AI will soon become a main part of daily trade operations, even on leading roles such as the Chief Financial Officer (CFO). Speaking at Shiprakata’s Shivar: AI Commerce version in the capital on Friday, Sharma said that AI will not only change regular human functions, but will also open new work opportunities in emerging technical domains.

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“We should use AI not only as a tool, but as a colleague, or even as an executive,” Sharma said, according to a report published by economic time. He stressed that with the possibility of changing many human-managed processes, companies would have to refux on innovation and core product development. Sharma said from a Fintech platform to convert Paytm into “AI-Fund” venture, taking full advantage of machine intelligence in his operation.

While most companies are handing over pink slip to employees due to increase in automation, Paytm’s staff headcount recorded a decline due to the restrictions of the Reserve Bank of India on the Paytm Payment Bank, which greatly affected the company’s operations. The company saw a shortage of about 3,500 sales employees in the March 2024 quarter, leading to the total headcon to 36,521.

New AI feature

As part of this AI-mangoing ambition, Paytm is operating a bizarre, yet innovative, convenience, an AI-operated passbook that converts users’ monthly spending patterns into an individual rap track. While the company has not announced the official rollout date, Sharma confirmed that the project is running and will soon be accessible to users. The AI product will use transactions data to create rhythmic summons of users’ financial activity, with technology with creativity to make personal finance more attractive.

This is not the first place of Paytm in AI-run consumer experiences. Earlier, the company had partnered with AI search startup, AI search startup, to integrate conjunctival discovery capabilities within the Paytm app. This step reflects a comprehensive change in strategy to infect intelligent technologies in everyday user interactions.

AI will handle more jobs

The tech industry is already facing another turbulent year with a cut in more than 1,00,000 jobs worldwide in 2025. Tech giants such as Intel, Meta, and Google are constantly trimming their teams as they face a dramatic pivot towards growing economic headwind, internal shake-up and a dramatic operation.

This year’s spate of Tech Job Los has shown the widespread excesses seen in 2023 and 2024. Only now, the speed appears to be faster. Many forces are contributing to shake-ups: constant inflation and consumer trust for weak interest rates and strict corporate expenses. But loom above these is an aggressive infection of the region in the era of artificial intelligence.

Instead of reducing only to cut costs, many technical firms are undergoing a fundamental reorganization of their talent base. Since AI tools and automation are rapidly embedded in daily workflows, long -standing roles are being replaced by special posts in data science, machine learning and intelligent systems. In a turn of irony, while thousands of jobs are being shed, companies are actively recruiting, but only for those who bring AI-centric skills to the table.

This is not just another wave of excess, it marks a seismic change of how the industry has been structured. AI is no longer an experimental add-on; It has become a core driver how business works, the types of roles they give importance, and the way they score in the digital scenario that grows rapidly.

– Ends

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