Close
The Economic Survey 2024-25 emphasizes the dual nature of AI advancements, presenting both opportunities and challenges for global labor markets. It stresses the need for robust institutions to mitigate the potential job losses in India due to AI. Historical technological revolutions serve as a reminder of the importance of managing disruption to ensure equitable outcomes.
Concerns are particularly pronounced in India, where a significant portion of the workforce fears job automation. A survey indicates that 68% of white-collar workers anticipate their roles may be affected by AI within five years. The Survey calls for coordinated efforts to address these challenges, highlighting the necessity of investing in education and workforce skilling.
• AI poses significant job automation risks in India's services-led economy.
• Salesforce halts engineer hiring due to AI-driven productivity gains.
Artificial Intelligence refers to the simulation of human intelligence in machines, impacting job markets.
Job Automation involves using AI to perform tasks traditionally done by humans, raising employment concerns.
Workforce Skilling focuses on equipping workers with necessary skills to adapt to AI advancements.
Salesforce is a leading software company that has paused hiring engineers due to AI efficiencies.
OpenAI is a prominent AI research organization, noted for its potential impact on future job markets.
The Economic Times on MSN.com 8month
Business Line 14month
Newsweek on MSN.com 13month
Business Today on MSN.com 9month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
