As technology advances, fear of future shock for India's workforce

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Adam Smith and other neoclassical liberals argued that technological advancements would not lead to unemployment and innovation would create new industries and opportunities.

The figures highlight the need for nations, especially India, to focus on reskilling and upskilling their workforce.

The report defines skill disruption as the rapid shift in required workforce skills, pushing employers and employees to rethink skilling needs.

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Article Details

Category: BusinessFinance

Markets: IndiaBrazilChinaSouth Africa

Topics: Technology AI India market Artificial intelligence Global Technology Report

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 11:57:05 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25393367

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Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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