India's jobs crisis—when emerging technologies are reducing jobs while new ones are hard to come by due to low private investment—has once again been highlighted. Steep salary hikes due to the Pay Commission awards and the need for performance-based specialist jobs are forcing state governments to hire workers on contract or just outsource jobs. On top of this, emerging technologies such as automation and artificial intelligence have started reducing jobs in several sectors. "There is this concept called artificial intelligence that you should be wary of. In future, while diagnosis may be outsourced to a doctor in India, it could also go to a firm based on artificial intelligence.

Source: Economic Times March 29, 2018 05:49 UTC