This participation will reinforce the country’s role as a key player in addressing global challenges and driving innovation, the commerce ministry said.

“Extrapolating from the predictions shared by Future of Jobs Survey respondents, on current trends over the 2025 to 2030 period job creation and destruction due to structural labour-market transformation will amount to 22% of today’s total jobs,” the report states.

A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of companies set to make layoffs by 2030.

Over 40 of employers worldwide plan to downsize their workforce a World Economic Forum survey shows Read Full Article at RTcom

Artificial intelligence is here to stay, and while some have embraced the technology, others are understandably worried about its swift evolution and how it can potentially impact our livelihood. Well now,

Companies across the globe, at least 4 in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum’s (WEF)

The global job market is poised for a significant transformation by 2030, with numerous jobs facing disruption, according to the World Economic Forum.

By 2027, 60% of global manufacturers will adopt generative AI to rapidly enhance expertise among new workers. AI, combined with digital twins, will revolutionise industries by optimising performance and making data actionable.

"From advancing AI and frontier technologies to expanding its renewable energy capacities and fostering global partnerships, India's progress resonates with WEF 2025's theme - Col

There is more demand for AI skills. Nearly 70% of companies are planning to hire new workers with skills to design AI tools and enhancements, the survey said, and 62% plan to recruit more people with skills to better work alongside AI.

India will participate in a session on AI and FDI at WEF 2025 in Davos, highlighting its growing appeal as a prime investment destination. The session will discuss challenges and opportunities for sustainable investment.