💨 Abstract

The Economic Survey for 2024-25 suggests that India's demographic advantage and diverse economy position it well to benefit from AI, but significant investments in education and workforce skilling are required. The rapid advancement of AI presents both opportunities and challenges for labor markets globally, with concerns about its impact on employment. The report calls for policymakers to create a window for action, emphasizing the need for responsible AI adoption, particularly in India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖