Feb 18 • 07:50 UTC 🇮🇳 India Aaj Tak (Hindi)

What will be the impact of AI? Experts weigh in on job crisis

At the India Today AI Summit, experts discussed the implications of AI on jobs and India's potential as a leader in the AI sector.

During the India Today AI Summit held in New Delhi, numerous leaders in the AI sector gathered to discuss the future of AI in India and its implications. Central Minister Jitin Prasada shared insights regarding the government's preparations and highlighted the significant role of India's youth in adapting to and embracing technological changes. Experts underscored how, historically, new technologies have initially instigated concerns but ultimately present substantial opportunities for growth.

Minister Prasada emphasized that while AI poses challenges to jobs, it also offers new opportunities, especially for startups that can leverage this technology for innovation and economic growth. He mentioned that the government is focused on ensuring that Indian startups benefit from advancements in AI, showcasing confidence in the country's potential as a global leader in this field. The discussions brought forth various perspectives on how India can harness AI effectively while mitigating risks related to job displacement.

The summit concluded with a collective recognition that addressing the job crisis posed by AI requires proactive measures, including upskilling and reskilling the workforce. Experts suggested collaboration between the government, educational institutions, and industries to create frameworks that will prepare employees for the future job market. This approach aims not only to adapt to changing technologies but also to transform potential challenges into situations of opportunity for the Indian economy.

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