India, Feb. 16 -- The report directly confronts the common belief that AI will cause mass unemployment. Many may think that even though the public discourse is full of sensational claims regarding the elimination of workers by the AI, the ICRIER study did not identify any mass layoffs in the Indian IT sector yet. Generative AI does seem to be transforming work and improving productivity instead of eliminating large numbers of workers, however.

As noted by Ronnie Chatterji, Chief Economist at OpenAI, "We are seeing a shift in how work is organised, where AI appears to be complementing human talent. This data offers a window into the transition underway in India." This implies that in the near future AI is not a wholesale replacement of hu...