AI’s impact on IT jobs not the real challenge; scaling AI-insulated jobs is: CEA
Chief Economic Adviser V Anantha Nageswaran stated that AI's impact on IT jobs is a small part of India's employment challenge, requiring 8 million new jobs annually in AI-insulated sectors. Nageswaran emphasized the need for India to focus on areas less likely to be automated by AI.
India needs to generate 8 million jobs annually, with the IT sector employing around 5-6 million people, according to Chief Economic Adviser V Anantha Nageswaran. The impact of AI on IT jobs is a small part of the country's employment challenge. Nageswaran emphasized the need to focus on sectors less exposed to AI automation, such as care economy, allied health, skilled trades, and green manufacturing. Countries like Korea, Japan, and China have expanded manufacturing and invested in trade skills in these areas. India has an opportunity to shape an alternative due to its scale and democratic legitimacy amid a weakening G7 coherence and evolving geopolitical context. Nageswaran outlined five policy priorities: energy security, decriminalisation, agricultural productivity, AI-insulated trade skills, and tax policy certainty. The manufacturing sector faces challenges due to competition from China, while the services sector is impacted by AI development.
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