AI could wipe out ’40-50% white-collar’ Indian jobs: Atomberg founder warns about ‘end of the middle class’

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Mumbai-based entrepreneur and Atomberg founder Arindam Paul has raised serious concerns over the potential impact of artificial intelligence (AI) on India’s white-collar job market. In a recent LinkedIn post, Paul cautioned that AI advancements could significantly reduce employment opportunities in the IT services and BPO sectors, posing a major threat to the country’s middle class and economic stability.

Paul emphasized that India’s manufacturing sector is not generating enough well-paying jobs to compensate for potential AI-driven job losses….



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AI could wipe out ’40-50% white-collar’ Indian jobs: Atomberg founder warns about ‘end of the middle class’



Mumbai-based entrepreneur and Atomberg founder Arindam Paul has raised serious concerns over the potential impact of artificial intelligence (AI) on India’s white-collar job market. In a recent LinkedIn post, Paul cautioned that AI advancements could significantly reduce employment opportunities in the IT services and BPO sectors, posing a major threat to the country’s middle class and economic stability.

Paul emphasized that India’s manufacturing sector is not generating enough well-paying jobs to compensate for potential AI-driven job losses….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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