AI-linked hiring in India outpaces job losses by over 51,000: Nomura
New Delhi, Aug. 8 -- Artificial intelligence (AI) is creating more jobs than it is eliminating in India, with AI-related hiring reaching 83,100 compared with 31,921 documented layoffs and attrition, according to a Nomura report.
The findings indicate a net positive employment impact of AI in India so far, even as the technology disrupts traditional roles and reduces demand for entry-level workers.
In its Asia Economic Monthly report, Nomura said India was experiencing the largest absolute impact from AI among the Asian economies covered by its analysis, both in terms of documented layoffs and hiring.
The report said India's large population and its position as a global back-office hub have made the country a key market for assessing AI...
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