India, Nov. 14 -- India should be worried about artificial intelligence (AI) because it has first hit sectors that drove the country's growth, Nobel laureate and economist Joseph E Stiglitz said on Saturday, warning that the investment boom behind the technology is a bubble that will break.

"I think India should be worried. If you look at where AI has affected most quickly, it has been in the tech sector. It's an irony that AI was really good at replacing coders, programmers..." Stiglitz said at the 24th Hindustan Times Leadership Summit, in conversation with Dr Niranjan Rajadhyaksha, executive director of Artha Global.

The sectors AI had affected most in the US were the ones that had been "very supportive of the Indian transformation,"...