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Artificial intelligence may create more jobs than it replaces in India: Piyush Goyal

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Artificial intelligence may create more jobs than it replaces in India: Piyush Goyal

Business News Tech AI Artificial intelligence may create more jobs than it replaces in India: Piyush Goyal

Artificial intelligence may create more jobs than it replaces in India: Piyush Goyal

Union Minister Piyush Goyal announced that artificial intelligence is poised to generate significant job opportunities for the youth of India. While he noted the potential for initial disruption as job roles evolve, he stressed the necessity for workers to acquire new skills. Goyal pointed out that sectors like tourism and sports will always demand human interaction, indicating that India’s growth hinges on investment in manufacturing and technological innovations.

Union Commerce and Industry Minister Piyush Goyal on Thursday said artificial intelligence (AI) may create more jobs than it replaces in India, even as the technology changes the nature of existing employment and requires workers to develop new skills. Addressing students at Shri Ram College of Commerce (SRCC) during an event on "Pathways to Viksit Bharat", Goyal said India should embrace emerging technologies rather than fear their impact on employment. "I think artificial intelligence will not reduce jobs. It may actually increase the number of jobs available for our young Indian brothers and sisters," he said.

His remarks come amid growing concerns over the impact of AI on employment , particularly in technology and services, which are major sources of jobs in India. Goyal acknowledged that the transition to AI-driven workplaces could bring short-term uncertainty as existing roles change and workers need to acquire new skills. "There may be uncertainty for a short period of time as jobs get redesigned, as we train and skill young India to become developers of agents, to become masters of cybersecurity," he said.


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