AI not causing mass layoffs, but changing nature of work: Study

9Lej Gain
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Contrary to fears, generative AI isn't causing mass layoffs in India's IT sector. A new ICRIER-OpenAI study reveals AI is boosting productivity and transforming roles, not replacing workers. While entry-level hiring has seen a slight dip, mid and senior positions remain stable, indicating a shift towards skill enhancement rather than job elimination.

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