Electronics and IT Minister Ashwini Vaishnaw said AI-related job demand in India is rising 15–20 percent as industries transform to meet the new tech wave. Speaking at CII, he urged companies to partner with Nasscom for talent readiness. He also cited tax waivers for data centres until 2047, with about $200 billion investment underway, alongside new subsea cables and local AI server manufacturing.
A new report finds many Gen Z workers are struggling and getting pushed out faster in the AI job market as companies change hiring rules. Experts point to fewer entry-level roles, mismatched expectations between young employees and employers, and a shift in what “work” should mean. With AI reshaping workplaces, Gen Z may need to adapt career choices and daily work habits.
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Nvidia CEO Jensen Huang pushed back on worries that AI will destroy jobs, saying the technology is already creating an enormous number of new ones. While concerns about displacement remain, Huang’s message frames AI as an expansion engine for roles across development, deployment, and operations—suggesting job losses may be less severe than critics predict.
Elon Musk’s $158 billion Tesla compensation package spotlights widening economic gaps. As workers grapple with stagnant wages and AI-driven job insecurity, Musk’s pay—tied to ambitious future performance targets—far exceeds current earnings. Critics call it a warning sign of an unsustainable pay-and-growth model that rewards executives while many employees see little benefit.
OpenAI CEO Sam Altman says AI won’t replace workers, arguing it will make people busier by augmenting human capabilities. While acknowledging significant labor market disruption, he frames OpenAI’s approach as building tools that help rather than substitute. His remarks also echo the company’s plans to nearly double its workforce and its stated principles for developing artificial general intelligence.
Salesforce CEO Marc Benioff says the company will hire 1,000 new college grads and interns, directly challenging claims that AI is wiping out entry-level jobs. The announcement comes as major software firms cut staff and amid predictions that AI could hit junior white-collar roles hardest. Benioff says the hires will build AI products like Agentforce and Headless360.
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Even as the jobs market looks sluggish, India’s biggest firms are doubling down on AI hiring and internal capability building. Accenture and NTT Data are among those seeking talent versed in agentic AI, foundation models, and responsible AI frameworks. The push is driven by expectations that India’s generative AI market could reach $6.4 billion by 2030.
A new report finds nine in ten women would consider transitioning into AI-focused roles if their organizations supported the move. While India produces a strong pipeline of STEM graduates, women remain underrepresented in senior tech positions. The report argues AI-driven transformations could become a lever for inclusion if companies intentionally build pathways for women into AI projects and leadership.
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