Now Reading: AI may disrupt some Indian jobs, physical work safer: Goldman Sachs
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AI may disrupt some Indian jobs, physical work safer: Goldman Sachs
AI may disrupt some Indian jobs, physical work safer: Goldman Sachs
Goldman Sachs has said India is better positioned than many economies to withstand widespread job losses from artificial intelligence, because a large share of the workforce is employed in physical and mechanical…
The Story in Brief
Goldman Sachs has said India is better positioned than many economies to withstand widespread job losses from artificial intelligence, because a large share of the workforce is employed in physical and mechanical roles that are harder to automate. The investment bank’s report, covered by NDTV Profit, notes that AI-driven disruption will still affect some sectors, particularly services and information technology. However, the structural composition of India’s labour market, with over 90% in informal and manual work, provides a buffer against mass displacement seen in more knowledge-based economies.
The Indian Opinion
The Goldman Sachs report offers a welcome counter to the panic narrative that AI will wipe out all Indian jobs, but it risks creating a new complacency. Assuming physical and mechanical roles are permanently safe ignores automation in manufacturing, logistics and agriculture, where robotics is advancing fast. The real test is not just which jobs survive, but how fast the large informal workforce can reskill. Will India’s policy and education systems keep pace with even moderate disruption?
Source: ndtvprofit.com
This story was synthesised by AI from the source linked above.
