PM Narendra Modi: Blockchain and AI to Increase Employment

Indian Prime Minister, Narendra Modi has recently expressed positive sentiment regarding the use of emerging technologies such as Blockchain and Artificial Intelligence as being drivers of economic growth. Continued automation and digitisation has led many people to grow fearful of losing their jobs to AI and Machine Learning. However, PM Modi claims that these technologies would not eliminate the need for human employment but would change the nature of the work done. Here we take a look at the various ways in which the World Economic Forum and NITI Aayog plan to use emerging tech for increased employment. Speaking at the launch of the fourth centre for the World Economic Forum in Maharashtra, PM Modi addressed the fear of critics that automation would lead to a decrease in employment.