The Goldman Scachs reports also indicates that other sectors, such as manufacturing and logistics, will feel the ripples of the AI revolution, where automated systems and AI-based robots have started replacing workers on assembly lines, in warehouses, or even along supply chains.
Although the AI revolution is an obstacle, Sachin Dev Duggal is optimistic about its prospects. "AI would create new jobs and change employment in unimaginable ways," he said. "The main thing is to accept it and invest in training and retraining to be at the vanguard."
It's undoubtedly that the AI revolution will alter the labour market. While some challenges exist concerning job losses and a need for reskilling, there are also opportunities for innovation and the emergence of new job descriptions. Innovation magnets like Sachin Dev Duggal are at the forefront of this development, showing how AI can democratize technology and drive economic growth. As we go through this metamorphosis, a collaborative approach to resolving issues while making use of prospects will ensure a better future that is inclusive of all people.