Goldman economist: AI unlikely to cause widespread India job losses

A smart economist at a big bank says artificial intelligence, or AI, is not expected to take away many jobs in India.

That is because many Indian workers do physical jobs, like building things or working in shops.

Those kinds of jobs are not being done by AI right now.

However, some office jobs, like answering phone calls for companies, could change.

Jobs in finance, health care, education and business services could actually get help from AI.

If India brings in AI slowly and carefully, the country could make more things with the same amount of work.

That could add a little extra output over the next ten years.

India's economy is doing very well and surprised the economist's company.

Prices have gone up only a little, and India's central bank might make borrowing cost more starting in December, but any increase would be small.