"The organization (ICRIER) this week published a case study titled "Al and Jobs This Time Is No Different" [PDF] that finds AI will hit the jobs market like any other wave of automation - with initial worries of massive job losses, but that over time "rising productivity will lower costs, drive a massive expansion in the consumption of AI-enabled products, and ultimately generate net positive employment opportunities.""
"The organization found that while hiring in the Indian IT sector has moderated ( The Register has found it's stalled at the big four outsourcers), the strongest demand from employers is for roles like software analysts and developers, or mathematicians, that are most exposed to AI. The think tank believes that hiring trend suggests "AI is functioning primarily as a complement to high-skill technical work rather than as a substitute.""
ICRIER surveyed 651 IT firms and interviewed industry leaders to assess AI's impact on Indian IT services. It concluded AI will follow previous automation waves: initial fears of job losses give way to rising productivity, lower costs, expanded consumption of AI-enabled products, and net positive employment over time. Hiring has moderated, with strongest demand for software analysts, developers, and mathematicians—roles most exposed to AI—indicating AI primarily complements high-skill technical work. A majority of firms reported significant productivity gains, time and cost savings, and higher-quality output. More than half expect slower entry-level hiring, while firms remain split on overall headcount changes.
Read at Theregister
Unable to calculate read time
Collection
[
|
...
]