AI) is probably one of the last things a growing, lower-middle-income economy needs, said the Economic Survey.
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The corporate sector, it said, has a responsibility, as much to itself as it is to society, to think harder about ways AI will augment labour rather than displace workers.
«The advent of artificial intelligence casts a huge pall of uncertainty as to its impact on workers across all skill levels – low, semi and high,» the Survey said on Monday. «These will create barriers and hurdles to sustained high growth rates for India in the coming years and decades.»
Sarayu Natarajan, founder of Aapti Institute, said the Survey acknowledges a key insight of the research community--that the gains of AI for India will be hollow if the future of work is not actively looked into.
«AI presents India's opportunity to gain big for its people if we solve for human capacity, compute and data, while paying attention to gainful employment,» she said. “Interestingly, the survey also notes the need for nearly 80 lakh (8 million) workers in non-farm areas. Proactive efforts for re-skilling workers towards these jobs, supported by