Exploring AI's Influence on the Future of Work in India

Monday, 22 July 2024, 11:46

The 2023-2024 Economic Survey reveals significant transformations in India's job market driven by AI, IoT, and other advanced technologies. While there are opportunities for increased productivity, there are also challenges related to job disruption. A balanced approach is essential to maximize benefits while mitigating risks associated with AI integration in the workforce.
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Exploring AI's Influence on the Future of Work in India

AI's Transformative Role in India's Job Market

The Economic Survey 2023-2024 highlights the increasing influence of advanced technologies such as AI and IoT on the job landscape in India. Here are some key points:

  • Productivity Boost: AI has the potential to significantly enhance productivity across various sectors.
  • Job Disruption: The rise of automation poses challenges, leading to job displacements in certain industries.
  • Technological Opportunities: Embracing technology can open new avenues for employment and innovation.

Conclusion

As India navigates this technological evolution, it’s crucial to address the challenges while leveraging the benefits that AI brings to the workforce.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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