AI will cause role changes, not necessarily job losses: Studies

MUMBAI: More than half of generic work profiles are facing the risk of disruption over the next two years due to automation, according to an estimate by Teamlease Services. However, this does not necessarily imply job losses as automation would throw up new job profiles for those getting substituted, experts said. A Teamlease Services study, based on data from secondary sources, estimates 52-69% of repetitive and predictive roles in sectors including IT, financial services, manufacturing, transportation, packaging and shipping to get exposed to the risk of automation in the next couple of years. "The data implies risk of automation. However, that does not mean it would lead to a job loss necessarily," said Rituparna Chakraborty, co-founder of Teamlease Services, discrediting the oft-quoted premise that automation would lead to job loss.