The debate surrounding whether artificial intelligence (AI) will replace jobs has been ongoing for a while, but there now appears to be a consensus among human resource (HR) experts that AI is indeed replacing several entry-level technology jobs.
According to HR firm Michael Page, entry-level technology jobs have seen a decline of 15-20 per cent this year due to the impact of AI. Consequently, this trend is driving young professionals to pursue continuous upskilling in skills that complement AI.
In the first quarter of this financial year (2023-24), the top six Indian information technology services companies recorded the sharpest contraction in headcount