Survey rejects AI’s impact on Indian workforce, highlighting skilling as a competitive advantage.

• The survey argues that AI could enhance employment opportunities, especially in the IT sector.

• It suggests that skilling AI could help Indians stay ahead of technological developments.

• The report warns that AI adoption could concentrate the benefits of automation, as AI research is concentrated in the hands of large companies.

• The report acknowledges the “Engle’s pause” of job opportunities due to technological advancements, stating that India would need to create an average of 78.5 lakh jobs annually by 2030.

• The report also sees technological advancements as a net benefit for employment, with low job losses from factory automation and potential for “Human-AI teams” in scientific research.

• The report emphasizes the role of institutional involvement in stewarding AI’s growth in India, warning of labour markets shifting in anticipation of AI impact.