BS EDIT: Threat or Opportunity: India Must Prep for AI-Driven Change

By Business StandardPublished On Jan 13, 2025

AI Disruption Across Industries

AI is reshaping industries, with banking and software among the hardest hit

Jobs at Risk

Banking may lose 200,000 jobs, with 54% of roles vulnerable to automation

Future-Proof Sectors

Energy, biosciences, and AI system development will thrive with creative roles

AI’s Growth Potential

AI could boost bank profits by 17% by 2027, despite significant job cuts

India’s IT Challenge

India’s IT sector faces redundancies but also new creative opportunities

Preparing for Change

India must reboot education to equip the next generation with AI-ready skills