‘Ensure minimum income for those losing jobs due to automation’

'Ensure minimum income for those losing jobs due to automation'

NEW DELHI: With increasing concerns over loss of jobs, arising out of artificial intelligence (AI) and robotics, an Assocham-PwC study has asked to ensure a minimum income to those displaced, along with basic health facilities for the families in stress.

“In light of technology advances, certain sectors are expected to experience shrinkage of employment demand as robotic systems and algorithms take up several tasks. It can be expected that IT, manufacturing, agriculture, forestry etc will experience such a demand shift,” the study noted.

Quoting Oxford University researchers Carl Frety and Michael Osborne, based on 702 occupational groupings, workers in tele-marketing, hand […]

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