Threat or opportunity: India needs to be prepared for AI-driven changes

As artificial intelligence (AI) makes inroads, Microsoft founder Bill Gates believes that employment opportunities in only three sectors are likely to remain robust in the face of the AI onslaught. A recent study by Bloomberg Intelligence indicates that jobs in banking and finance are among the most vulnerable to AI induction. This is in line with a report by Citi in June, which estimated AI is likely to displace more jobs across the banking industry than in any other sector. It estimated 54 per cent of jobs in banking had a high potential to be automated. Recent trends in software