Mitigating Job Displacement in the Age of AI – A Policy Perspective from India

Abstract

The utilization of artificial intelligence has been escalating globally. Artificial intelligence (AI) denotes the capacity of computer science and technology to execute complex tasks in an easier and faster manner which were traditionally carried out by humans. The advent of AI has facilitated the execution of our tasks more swiftly, effortlessly, and intelligently. The tasks encompass problem-solving, decision-making, elucidation, and other intricate activities that an intelligent individual would require considerable time to complete.  

The employment landscape in India encompasses several industries, including education, healthcare, information technology, and manufacturing. The integration of artificial intelligence accelerates and simplifies our tasks over all these sectors, however concurrently it impacts the employment landscape. The numerous detrimental implications include data and privacy infringement, employment displacement, among others. Simultaneously, we must also adopt AI during the industrial revolution. This research seeks to determine the potential for the coexistence of artificial intelligence and the mitigation of job displacement.