India not prepared for full force of artificial intelligence adoption

Only 11% of jobs in India can be automated against global average of 18%, says Goldman Sachs' assessment of 30 countries

Only 11-12 per cent of full time equivalent employment (FTE) in India can be automated, the lowest out of many countries, despite the growing popularity and adoption of artificial intelligence (AI) across the globe, according to a recent country-wise assessment by Goldman Sachs Global Investment Research.    

The global average of work which could get automated, including emerging and developed markets, is around 18 per cent, says the report. The study was based on 30 countries across the world, with eight developed markets taken into consideration. Goldman Sachs says that, based on its assessment, generative AI could expose over 300 million