The Ministry of Statistics and Programme Implementation (MoSPI) announced India's inaugural monthly unemployment data, revealing a 5.1% unemployment rate for April
80,000 job vacancies in TCS alone, no one to fulfill.
Meanwhile people are protesting against unemployment and are scared due to Gen AI.
Who is at fault here and how can we fix this gap?
Dario Amodei (CEO of Anthropic):
"We, as the producers of this technology, have a duty and an obligation to be honest about what is coming. AI could wipe out half of all entry-level white-collar jobs — and spike unemployment to 10-20% in the next on
With no check on AI mass unemployment is coming soon . By 2026 there will be 20-30% job reduction in IT sector alone. A blood bath is on the rise yet we are doing fine