Try GOLD - Free
India Mustn't Get Distracted by the Impact of AI on Jobs
Mint Mumbai
|January 30, 2025
AI is marginal to our challenge of employment. We need an ear to the ground for structural reforms
I seems to be in every discussion these days, whether it is about privacy, surveillance, consumer rights, health, education, climate change, jobs or incomes. On one hand, there is optimism that AI will improve the world in ways that human intelligence has not been able to. On the other is the fear that we don't know how this artificial (or non-human) intelligence will change the world.
There are two responses to uncertainty over how it will turn out. One is to predict future outcomes for a world with more AI and design policies accordingly. The other is to regulate AI beforehand, even before we agree on its impact, so that we can prevent its bad side from destroying us and get more of the good. But then, "The only thing you cannot predict is the future," someone once said. I asked ChatGPT who did. It said many people have said it through history and one cannot attribute this eternal wisdom to anyone. But why is the future unpredictable? There are two reasons.
One is that multiple forces interacting with each other in non-linear ways change the state of complex systems and produce outcomes that will not be visible until the system has changed. Social, economic, environmental and political forces will be impacted by any transformative technology, and they will, in turn, react to the technology and change its course.
This story is from the January 30, 2025 edition of Mint Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Mumbai
Mint Mumbai
Europe bets on $25 bn space budget amid defence hike
Europe’s equivalent of NASA is seeking €22 billion ($25.
1 min
November 27, 2025
Mint Mumbai
China’s ‘McNuggetization’: It’s beneficial for the environment
A wide-scope dietary shift in China is doing the planet a good turn
3 mins
November 27, 2025
Mint Mumbai
Flexi-cap funds in focus as smids falter
A silent pivot
3 mins
November 27, 2025
Mint Mumbai
Labour codes: Focus on empathy and not just efficiency
The consolidation of 29 archaic labour laws into four comprehensive new codes—on wages, social security, industrial relations and occupational safety—is among the most significant structural reforms undertaken by India in the post-liberalization era.
3 mins
November 27, 2025
Mint Mumbai
These firms will sell shovels during semaglutide gold rush
Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.
2 mins
November 27, 2025
Mint Mumbai
HC to hear Apple's plea on fine in Dec
Apple is challenging the new penalty math formula in India's competition law.
1 min
November 27, 2025
Mint Mumbai
Climate crisis: Innovation works, compression doesn't
After weeks of hot air, the UN’s CoP summit limped to an end in Brazil's Amazonian hub of Belém over the weekend, with a ‘deal’ that delivers nothing measurable for the climate, while wasting political capital and much effort on pledges.
3 mins
November 27, 2025
Mint Mumbai
MO Alternates launches its maiden private credit fund
The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions
3 mins
November 27, 2025
Mint Mumbai
Kharif grain production likely to rise to 173 mt
India's kharif foodgrain output is expected to rise to 173.
1 min
November 27, 2025
Mint Mumbai
IL&FS group repays ₹48,463 cr loan
Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.
1 min
November 27, 2025
Listen
Translate
Change font size

