{
  "id": 2739586,
  "title": "AI is creating more jobs than it destroys in India",
  "url": "https://urgent.news/2026/08/23/ai-is-creating-more-jobs-than-it-destroys-in-india",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-23T05:58:26.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/company/corporate-trends/ai-is-creating-more-jobs-than-it-destroys-in-india-but-freshers-face-the-squeeze/articleshow/133435025.cms"
  },
  "original_language": "en",
  "account": "India is emerging as a focal point for AI-driven changes in the global labor market, driven by its vast workforce and established role as a hub for IT services and back-office operations. According to a Nomura report, AI has generated more jobs than it has eliminated in the region so far, with 131,000 new AI-related positions created compared to 61,000 jobs lost. While India, along with China and the Philippines, has experienced a net positive impact on employment due to AI, the composition of these new and lost jobs is not uniform. The jobs being created by AI are often at higher levels, requiring greater business acumen and interpersonal skills, while companies are hiring fewer entry-level workers. This K-shaped employment pattern is particularly detrimental for young workers and recent graduates. In India, 55% of IT firms reported a decline in hiring for entry-level positions, while only 14% noted a reduction in senior-level hires. In South Korea, youth unemployment in highly AI-exposed industries dropped by 211,000, while employment among workers aged 50 and above rose by 209,000. Companies are increasingly adopting \"silent firing\" strategies, reducing campus recruitment and hiring fewer people rather than outright layoffs. The sectors most affected by AI layoffs are financial services and technology, with banks and junior technology roles being particularly vulnerable. Conversely, higher-skilled jobs in AI development and risk analysis are seeing increased demand. While AI has primarily contributed to job growth in the technology sector, its impact on other industries, such as manufacturing, construction, healthcare, and education, is limited due to the difficulty of automating physical work or complex human interactions. Despite the early signs of AI's positive influence on employment in India, the future remains uncertain as the technology evolves from simple task automation to more complex, autonomous systems.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}