The Impact of Trump's Tariffs, Job Layoffs, and the Role of AI in the Workforce In 2018, Trump's tariffs aimed to protect U.S. jobs but instead led to job layoffs, higher production costs, and disrupted global supply chains. Industries like manufacturing, tech, and agriculture were hit hardest, and businesses hesitated to invest due to the uncertainty. As AI and automation rise, traditional jobs are increasingly at risk. Many tasks, from data analysis to customer service, can now be handled by AI, replacing human labor in numerous sectors. Entrepreneurship is now more important than ever. In a world where automation and AI dominate, entrepreneurs have the power to create new jobs, industries, and technologies that can't be replaced by machines. India, with its affordable IT labor, remains a key player in outsourcing. A worker in India costs 6-8 lakh per year, compared to 60 lakh in the U.S. But as AI progresses, why are U.S. companies still relying on human labor in India? It's time for India to focus on upskilling in AI and machine learning to stay competitive in the future job market. The future of work belongs to those who embrace entrepreneurship and innovation. Are we entering an era where traditional jobs are being replaced by AI, but entrepreneurship is the new way forward for future job creation?
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