Gen-AI may replace 8-12% of India's non-agricultural jobs: Goldman Sachs
New Delhi, July 29 -- Generative Artificial Intelligence (Gen-AI) could substitute 8-12 per cent of India's non-agricultural employment, while complementing 42-48 per cent of the workforce by enhancing productivity rather than replacing workers, according to a Goldman Sachs report.
The report suggests that while Gen-AI is expected to automate a portion of work across industries, its overall impact on India's labour market is likely to be one of job reallocation rather than widespread job losses, with physically intensive occupations remaining largely insulated from automation.
According to Goldman Sachs, "we estimate 8-12 per cent of non-agricultural employment is at risk of substitution, while 42-48 per cent of non-agricultural employm...
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