Artificial intelligence is coming for your job: 41% companies worldwide plan to cut workforce, automate with AI
5 days, 15 hours ago

Artificial intelligence is coming for your job: 41% companies worldwide plan to cut workforce, automate with AI

Live Mint  

Artificial Intelligence may lead to a massive fall in the headcounts of global companies in coming years, a recent report has said. According to the World Economic Forum's Future of Jobs Report, as many as 41% of employees want to reduce their workforce due to AI automation. The report projects a significant increase in demand for care jobs, such as nursing professionals, and education specialists, such as secondary school teachers, with demographic trends driving growth in demand across essential sectors. Till Leopold, Head of Work, Wages and Job Creation at the World Economic Forum, said, "Trends such as generative AI and rapid technological shifts are upending industries and labour markets, creating both unprecedented opportunities and profound risks."

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History of this topic

200,000 people to lose jobs? Back office, operational roles at Wall Street at risk as AI takes over
5 days, 9 hours ago

200,000 people to lose jobs? Back office, operational roles at Wall Street at risk as AI takes over

Live Mint  

With artifical intelligence taking over most jobs across the sectors, at least two lakh people are likely to lose their jobs over the next three to five years on Wall Street. Tomasz Noetzel, senior analyst at Bloomberg Intelligence who wrote the report, said that customer services could see changes as bots manage client functions, while know-your-customer duties would also be …

Microsoft partners with IndiaAI to train 5 lakh people on AI by 2026 | Details
Trending News
5 days, 23 hours ago

Microsoft partners with IndiaAI to train 5 lakh people on AI by 2026 | Details

India TV News  

Microsoft partners with IndiaAI: The government's artificial intelligence programme unit IndiaAI has partnered with technology giant Microsoft to train 5 lakh individuals, including students, educators, developers, government officials, and women entrepreneurs on AI by 2026. Microsoft India and South Asia President, Puneet Chandok told news agency PTI that the USD 3 billion investment announced by the company's Chairman and CEO …

Jobs in 2030: Do you need to learn AI? Check fastest growing and declining jobs
Trending News
6 days, 1 hour ago

Jobs in 2030: Do you need to learn AI? Check fastest growing and declining jobs

India Today  

The World Economic Forum has published its latest Future of Jobs Report 2025, offering insights into how the global labour market will evolve by 2030. According to the WEF report, the top five fastest-growing jobs by 2030 include Big Data Specialists, FinTech Engineers, AI & Machine Learning Specialists, Software & Applications Developers, and Security Management Specialists. "According to the surveyed …

Survey: 41% of companies worldwide plan to downsize and use AI
6 days, 1 hour ago

Survey: 41% of companies worldwide plan to downsize and use AI

Salon  

Artificial intelligence is expected to replace more positions over the next five years, a new survey says, as 41% of employers worldwide plan to downsize and automate certain tasks. In its latest report, released Wednesday, 77% said they were planning to reskill and upskill their existing workers between 2025 and 2030 to work alongside AI, CNN reported. Nearly 70% of …

Employees, beware! These 15 jobs, including graphic designers, are set to decline by 2030
6 days, 12 hours ago

Employees, beware! These 15 jobs, including graphic designers, are set to decline by 2030

Live Mint  

The World Economic Forum recently published ‘The Future of Jobs Report 2025,’ which gives insight into key jobs, skills, and sectors that will determine the future of the labour market. Fastest growing jobs by 2030 Farm workers, delivery drivers and software and application developers' jobs will dominate the labour market over the next five years, while the roles of cashiers, …

AI will ‘impact on jobs’ but will also ‘give us longer and healthier lives’, claims senior tech figure
6 days, 14 hours ago

AI will ‘impact on jobs’ but will also ‘give us longer and healthier lives’, claims senior tech figure

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. I think people have a fundamental need to be …

AI needs to be human-centred to charm people into adoption
6 days, 14 hours ago

AI needs to be human-centred to charm people into adoption

Live Mint  

The transformative potential of artificial intelligence as a ‘general purpose technology’ has been compared to that of fire, the wheel and electricity. Deepmind co-founder Mutstafa Suleyman suggested that one of the best ways to mitigate the misuse of AI would be containment of the AI industry. What if the AI weather app’s output helps farmers better visualize future weather risks? …

Urgent upskilling needed to cater 78 million new job opportunities by 2030: WEF Report
Trending News
6 days, 19 hours ago

Urgent upskilling needed to cater 78 million new job opportunities by 2030: WEF Report

Live Mint  

Geneva, Switzerland, 8 January : The World Economic Forum says that job disruption will equate to 22 per cent of the jobs by 2030. Till Leopold, Head of Work, Wages and Job Creation at the World Economic Forum says "Trends such as generative AI and rapid technological shifts are upending industries and labour markets, creating both unprecedented opportunities and profound …

41% of companies worldwide plan to reduce workforces by 2030 due to AI
1 week ago

41% of companies worldwide plan to reduce workforces by 2030 due to AI

CNN  

London CNN — Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday. Out of hundreds of large companies surveyed around the world, 77% also said they were planning to reskill and upskill their existing workers between 2025-2030 to better work alongside AI, …

Researchers; rise in AI will result in the loss and also creation of millions of jobs
1 week ago

Researchers; rise in AI will result in the loss and also creation of millions of jobs

NL Times  

Millions of people worldwide will lose their jobs between now and 2030 due to the rise of Artificial Intelligence and robots. But the technology will also create millions of new jobs, an internationally conducted research by the World Economic Forum has reported. The researchers think that around a third of the work will still be performed fully by people by …

Job scenario: Indian employers hoping to outpace others in chips, computing tech
1 week ago

Job scenario: Indian employers hoping to outpace others in chips, computing tech

Live Mint  

Increased digital access, geopolitical tensions and climate-mitigation efforts are the primary trends expected to shape the future of jobs in India by 2030, the World Economic Forum said in a report. The report said the global workforce needs to upskill themselves urgently if they want to remain employed, estimating a net increase in 78 million jobs in the next five …

Maharashtra to roll out its first AI policy this year
1 week, 6 days ago

Maharashtra to roll out its first AI policy this year

Deccan Chronicle  

Mumbai: Maharashtra’s Information and Technology Minister Ashish Shelar on Tuesday directed his department to draft the state’s first independent Artificial Intelligence policy. Emphasising the importance of AI in shaping the future of industries, businesses and governance, Mr. Shelar said it is important that Maharashtra positions itself at the leader of India’s technological advancement. During the meeting, Shelar stressed the importance …

Artificial intelligence, cybersecurity to create 1 million jobs by 2030: Quess IT Staffing report
2 weeks ago

Artificial intelligence, cybersecurity to create 1 million jobs by 2030: Quess IT Staffing report

Hindustan Times  

Emerging technologies, including artificial intelligence, cybersecurity, cloud computing and data science, as a whole, are projected to generate around 1 million jobs by 2030, news agency PTI reported citing a report by Quess IT Staffing, a tech staffing solutions provider. AI Apart from jobs, these emerging technologies are also expected to contribute over $150 billion to India’s economy by 2030, …

Emerging tech skill sets to drive 1 mn jobs by 2030: Quess IT Staffing report
2 weeks, 1 day ago

Emerging tech skill sets to drive 1 mn jobs by 2030: Quess IT Staffing report

Live Mint  

New Delhi, Dec 30 Emerging technologies like quantum computing and Generative AI are expected to create over 1 million jobs by 2030, a report by Quess IT Staffing said underlining just how skills in domains of artificial intelligence and machine learning, cybersecurity, cloud computing, data science, and blockchain are transforming industries. Emerging technologies also are expected to contribute over USD …

Tech trends: What to expect in 2025
2 weeks, 4 days ago

Tech trends: What to expect in 2025

Hindustan Times  

Technology can sometimes feel like magic—especially for those who aren’t neck-deep in gizmos and gadgets. For now, specifics on the Health Stack remain sparse, with members of the founding team simply saying it’s “chugging along well.” Some early hiccups are to be expected, but 2025 is shaping up to be the moment when this visionary project could finally step into …

Generative AI, data centres to define India’s tech industries in 2025
3 weeks ago

Generative AI, data centres to define India’s tech industries in 2025

Live Mint  

New Delhi: India’s technology sector is likely to see generative artificial intelligence and related data applications define client orders, financial growth and technical innovation in 2025. On 19 December, Accenture, the world’s largest technology services outsourcing and consultancy firm and a bellwether for India’s $300-billion IT services sector, disclosed $1.2 billion in net new generative AI deals with businesses worldwide. …

AI jobs in 2025: From data scientists to generative AI developers, the most in-demand roles, salaries and trends
3 weeks, 4 days ago

AI jobs in 2025: From data scientists to generative AI developers, the most in-demand roles, salaries and trends

Live Mint  

The demand for professionals skilled in artificial intelligence and machine learning is set to surge significantly in 2025, with industries such as healthcare, BFSI, and IT driving this trend. Top AI roles and estimated salaries for 2025 With roles like AI engineers, generative AI developers, and AI research scientists leading the charge, AI and machine learning professionals are poised to …

94 per cent of Indian desk workers feel the urgency to master AI
3 weeks, 5 days ago

94 per cent of Indian desk workers feel the urgency to master AI

New Indian Express  

BENGALURU: Indian workers want to skill up on Artificial Intelligence as 94% feel an urgency to become AI expert. However, 40% of Indian workers have spent less than five hours learning how to use AI, and 30% of global workers say they have had no AI training at all, including no self-directed learning or experimentation, according to Slack's new Workforce …

Security vulnerabilities hinder AI adoption in India, reveals Deloitte report
4 weeks ago

Security vulnerabilities hinder AI adoption in India, reveals Deloitte report

Live Mint  

New Delhi, Dec 17 As many as 92 per cent of Indian executives view security vulnerabilities as the foremost challenge to responsible AI adoption, highlighting a pressing need for robust governance frameworks to foster trust and mitigate risks in an increasingly AI-driven landscape, according to a recent report by Deloitte. ".about 92 per cent of Indian executives identify security vulnerabilities, …

Growing cybercrime and the need for an Indian cybersecurity force
1 month ago

Growing cybercrime and the need for an Indian cybersecurity force

The Hindu  

In today’s rapidly evolving digital landscape, the importance of cybersecurity cannot be stressed enough. While India produces a wealth of technically skilled professionals known for their strong work ethic, ensuring that they are adequately equipped to tackle future challenges particularly in cybersecurity is essential. By drawing inspiration from initiatives such as the U.K.’s Cyber Accreditation Program and Singapore’s Cybersecurity Academy, …

India will emerge global powerhouse for skilled talent by 2030
1 month ago

India will emerge global powerhouse for skilled talent by 2030

Deccan Chronicle  

New Delhi: Wheebox ETS India Skills Report 2025, in collaboration with CII, Taggd, AICTE, and AIU, unveils a strategic vision for "Global Talent Mobility" underscores India’s pivotal role in addressing global workforce demand, skills required fueled by rising employability, an optimistic hiring intent, and a roadmap for 2030. With 65% of the Indian workforce under 35 years old, India’s youthful …

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada
1 month ago

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada

Live Mint  

New Delhi, Dec 9 Union Minister Jitin Prasada on Monday asserted the vision to develop artificial intelligence in India, for India, and all, and said the country is poised for an AI revolution. Prasada, Minister of State for Electronics & Information Technology, in a keynote address at the India Internet Governance Forum 2024, said India is not only the largest …

Ethical use of Artificial Intelligence: Challenges and opportunities
1 month, 1 week ago

Ethical use of Artificial Intelligence: Challenges and opportunities

Hindustan Times  

The journey of Artificial Intelligence traces its roots back to 1950, when British mathematician Alan Turing asked, "Can machines think?" Leveraging techniques like deep learning, limited memory AI drives the functionality of generative AI models, which can produce human-like text, music, and even code. Data privacy and security - With vast data troves powering AI, ensuring robust encryption, anonymisation, and …

AI/ML, cyber security skills in demand for top job roles
1 month, 1 week ago

AI/ML, cyber security skills in demand for top job roles

New Indian Express  

BENGALURU: With the increasing adoption of AI across organisational functions, AI/ML and analytics continue to dominate as the most in-demand job family. Indeed and Nasscom launched the fourth edition of their Future of Work report – Balancing Priorities in an AI-driven World, and the report said the top five in-demand job roles include Data Scientist/Analyst, AI/ML Expert, Cybersecurity Specialist, Cloud …

Will AI adoption leave India Inc with high efficiency and exhausted workers?
1 month, 2 weeks ago

Will AI adoption leave India Inc with high efficiency and exhausted workers?

Live Mint  

Words that are sprinkled liberally in the business updates of many listed firms of India Inc. The frenetic pace of AI adoption will probably extract its pound of flesh at some point, even if India Inc would rather talk about the productivity marvels of this new technology. Now Comes the Hard Part,’ by Microsoft and LinkedIn, 75% of corporate India’s …

India is at no. 4 on Stanford’s global AI power list
1 month, 3 weeks ago

India is at no. 4 on Stanford’s global AI power list

Live Mint  

The Stanford Institute for Human-Centered AI has released its findings about the AI-led technology ecosystem at a global level, using the Global Vibrancy Tool 2024 developed by the institute. The tracking tool, which measures a country’s AI ecosystem on key indicators including research papers, private investment, patents, and more, analyzed data from 36 countries to find that the United States …

AI is an assistant to humans... it will have net zero effect on jobs: Flex’s Revathi Advaithi
2 months ago

AI is an assistant to humans... it will have net zero effect on jobs: Flex’s Revathi Advaithi

Hindustan Times  

The world today is in the midst of rapid, multifaceted technological evolution that’s changing how we live, work, communicate, commute and interact. That’s controversial because a lot of people don’t believe that,” said Advaithi, in a virtual session at the 22nd Hindustan Times Leadership Summit. “We had to do that pretty quickly because people were beginning to use tools such …

'AI won't reduce jobs, will upskill workforce': Flex CEO Revathi Advaithi at HTLS
2 months ago

'AI won't reduce jobs, will upskill workforce': Flex CEO Revathi Advaithi at HTLS

Hindustan Times  

Flex CEO Revathi Advaithi said on Thursday that the advent of the artificial intelligence revolution will not result in a massive loss of employment. HTLS: Flex CEO Revathi Advaithi said AI will bring a transformation in the healthcare sector. "I think that the productivity boost that AI will bring will probably not reduce jobs directly but will redistribute jobs and …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
2 months ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

India's adoption of AI technologies higher than global average, claims new report
2 months ago

India's adoption of AI technologies higher than global average, claims new report

Hindustan Times  

A new research by the Boston Consulting Group pegged India's adoption of Artificial Intelligence higher than the global average. “India's swift adoption of AI is redefining its competitive edge globally, with 30 per cent of Indian companies having maximized AI's value potential--surpassing the global average of 26 per cent. With 100 per cent of companies actively experimenting with AI, India …

AI may displace 3m private sector jobs in UK, says thinktank
2 months, 1 week ago

AI may displace 3m private sector jobs in UK, says thinktank

New Indian Express  

Artificial intelligence could displace between 1m and 3m private sector jobs in the UK, though the ultimate rise in unemployment will be in the low hundreds of thousands as growth in the technology also creates new roles, according to Tony Blair’s thinktank, The Guardian has reported. Between 60,000 and 275,000 jobs will be displaced every year over a couple of …

SAP confident of new job creation by AI
2 months, 1 week ago

SAP confident of new job creation by AI

Live Mint  

German software-maker SAP SE is confident that artificial intelligence will create new jobs even as the rise of the new technology casts a shadow on jobs done by humans. The SAP board’s buoyant remarks on AI contrast with those of Google-parent Alphabet Inc’s chief executive Sundar Pichai, whose comments in the company’s post-earnings conference call with analysts put alarm bells …

IBM: The Right Training Can Make Youth in India's Small Towns More Employable
2 months, 1 week ago

IBM: The Right Training Can Make Youth in India's Small Towns More Employable

The Hindu  

IBM India head Sandip Patel emphasizes the importance of training and skills development for youth in India's small towns and cities to become more employable in the tech industry. He highlights the country's strengths as a large talent base and the potential of Tier 2, 3, and 4 cities and towns to produce skilled workforce. IBM has been actively conducting …

Meta's LeCun Seeks to Shape India's AI Future: A Vision for Open-Source Innovation
2 months, 3 weeks ago

Meta's LeCun Seeks to Shape India's AI Future: A Vision for Open-Source Innovation

The Hindu  

Meta's LeCun highlights India's potential in shaping the future of AI. He emphasizes the country's talent pool, vibrant tech ecosystem, and open-source approach as key drivers of AI innovation. Meta's vision for AI focuses on empowering individuals and driving societal transformation through AI. The country's focus on frugal engineering and low-cost development of AI models will promote AI inclusion and …

AI Empowers the Workforce: A Paradigm Shift in Workplace Dynamics
2 months, 3 weeks ago

AI Empowers the Workforce: A Paradigm Shift in Workplace Dynamics

India Today  

The future of work is being reshaped, but not in the way many feared. Adecco Group's 'Global Workforce of the Future 2024' report reveals that AI isn't replacing workers; it's empowering them. The survey reveals a transformative shift in workplace dynamics, with AI emerging as a powerful ally rather than a threat. The most telling statistic? A substantial leap in …

Upskilling key to blunting impact of AI on jobs: Telangana IT Minister Sridhar Babu
4 months, 2 weeks ago

Upskilling key to blunting impact of AI on jobs: Telangana IT Minister Sridhar Babu

The Hindu  

A two-day Global AI Summit, to be organised by Telangana government in Hyderabad from September 5, is set to serve as a forum for exchange of views on issues concerning Artificial Intelligence, seeking advice from global experts as well as getting inputs for the proposed AI City. The summit next month will set an example for other States even while …

Economic Survey | AI casts “huge pall of uncertainty” over jobs
5 months, 3 weeks ago

Economic Survey | AI casts “huge pall of uncertainty” over jobs

The Hindu  

The Economic Survey published on Monday warned against the potential challenge that artificial intelligence could present to the Indian economy saying the “advent of the tech casts a huge pall of uncertainty as to its impact on workers across all skill levels – low, semi and high.” The massive changes owing to widespread adoption of AI “will create barriers and …

Will AI lead to job cuts in India? Economic Survey warns these sectors
5 months, 3 weeks ago

Will AI lead to job cuts in India? Economic Survey warns these sectors

Hindustan Times  

The biggest disruption for the future of work is the accelerated growth in artificial intelligence, which is poised to revolutionise the global economy. As AI systems become smarter and more prevalent, the future of work will change significantly, said the economic survey prepared under the guidance of chief economic advisor V Anantha Nageswaran. If Generative AI significantly boosts the marginal …

Economic Survey flags impact of AI on workers, puts onus on pvt sector to create jobs
5 months, 3 weeks ago

Economic Survey flags impact of AI on workers, puts onus on pvt sector to create jobs

Live Mint  

“…it is in the enlightened self-interest of the Indian corporate sector, swimming in excess profits, to take its responsibility to create jobs seriously,” the Economic Survey said The Economic Survey on Monday highlighted the adverse impact that artificial intelligence can cast on Inda’s working class which in turn can add to the barriers to sustained growth for the Indian economy. …

AI destroys jobs but also creates employment
5 months, 4 weeks ago

AI destroys jobs but also creates employment

China Daily  

WANG XIAOYING/CHINA DAILY Although greater use of artificial intelligence in industrial and business applications will, while increasing productivity and economic growth, lead to overall loss of employment and jobs in the long term is still being debated, the issue is of great importance to China. The expected impact of greater application of AI and related technologies, including robotics, in various …

Union budget 2024-25 should prioritise AI research: Experts
5 months, 4 weeks ago

Union budget 2024-25 should prioritise AI research: Experts

New Indian Express  

BENGALURU: As IT companies are increasingly focusing on Artificial Intelligence and Generative AI use cases, experts say the upcoming Budget should promote AI research and implementation apart from focusing on upskilling programmes. In the interim Budget, finance minister Nirmala Sitharaman had announced that three centres of excellence for Artificial Intelligence would be set-up in top educational institutions. “With the increasing …

Opinion: What’s behind the AI boom? Exploited humans
6 months ago

Opinion: What’s behind the AI boom? Exploited humans

LA Times  

Today we are in the middle of a hype cycle in which companies are racing to integrate artificial intelligence tools into products, transforming fields including logistics, manufacturing and healthcare. Sophisticated software functions only through thousands of hours of low-paid, menial labor — workers forced to work like robots in the hopes that AI will become more like a human. In …

More Than 90% Of Indian Offices Considering, Encouraging ChatGPT's Use, Reveals Study
6 months, 1 week ago

More Than 90% Of Indian Offices Considering, Encouraging ChatGPT's Use, Reveals Study

ABP News  

Artificial intelligence is slowly taking over and its userbase is increasing exponentially as time passes. This study not only underscores the innovative spirit of Indian employees but also sets a benchmark for global workplaces on how generative AI can be effectively integrated into daily operations to complement human skills and enhance overall performance.” The Rise In Acceptance Of AI At …

AI seen as key to firms, job seekers
6 months, 1 week ago

AI seen as key to firms, job seekers

China Daily  

With huge potential and market growth in artificial intelligence application and development in China, both job seekers and employers alike should be ready to ride the tide, said a senior executive of US payroll and human capital management company ADP. Jessica Zhang Jessica Zhang, senior vice-president of ADP Asia-Pacific, said during the just-concluded 2024 Summer Davos in Dalian, Liaoning province: …

AI seen as key to firms, job seekers
6 months, 1 week ago

AI seen as key to firms, job seekers

China Daily  

With huge potential and market growth in artificial intelligence application and development in China, both job seekers and employers alike should be ready to ride the tide, said a senior executive of US payroll and human capital management company ADP. Jessica Zhang Jessica Zhang, senior vice-president of ADP Asia-Pacific, said during the just-concluded 2024 Summer Davos in Dalian, Liaoning province: …

AI seen as key to firms, job seekers
6 months, 1 week ago

AI seen as key to firms, job seekers

China Daily  

By ZHENG YIRAN | China Daily | Updated: 2024-07-02 10:00 With huge potential and market growth in artificial intelligence application and development in China, both job seekers and employers alike should be ready to ride the tide, said a senior executive of US payroll and human capital management company ADP. Jessica Zhang Jessica Zhang, senior vice-president of ADP Asia-Pacific, said …

AI Is Coming for Big Tech Jobs—but Not in the Way You Think
6 months, 4 weeks ago

AI Is Coming for Big Tech Jobs—but Not in the Way You Think

Wired  

Aaron Damigos’ inbox was hit with a dreaded, ubiquitous business-update calendar invite on June 3. An email to employees from Jason Zander, executive vice president of strategic missions and technologies at Microsoft, leaked to Business Insider, blamed a pivot to invest in artificial intelligence: “Our clear focus as a company is to define the AI wave and empower all our …

AI Can Exacerbate Job Losses, Market Fall and Supply Chain Errors in Next Downturn: IMF
7 months, 2 weeks ago

AI Can Exacerbate Job Losses, Market Fall and Supply Chain Errors in Next Downturn: IMF

Deccan Chronicle  

Chennai: In the next downturn, artificial intelligence can exacerbate job losses, financial market losses and supply chain errors across countries. In order to remain prepared, countries have to ensure that tax systems favour people over automation, workers are protected from AI labour market disruptions and financial institutions make disclosures on usage of AI, said Gita Gopinath, first deputy managing director …

Global Graduate Outlook Survey points at changing trends
7 months, 2 weeks ago

Global Graduate Outlook Survey points at changing trends

Deccan Chronicle  

Hyderabad: While 72 per cent of Indian graduates still choose to study abroad, this number has declined from 80 per cent in 2023, according to the 2024 Global Graduate Outlook Survey by the CFA Institute. However, 72 per cent of these graduates plan to return to India for employment, indicating a strong inclination to leverage global education while seeking professional …

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