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AI May Hurt Developed Economies More Than India and Emerging Markets: Bernstein Report

AI May Hurt Developed Economies More Than India and Emerging Markets: Bernstein Report

A new report by global brokerage Bernstein suggests that the rapid adoption of Artificial Intelligence (AI) could impact developed economies more than India and other emerging markets.

According to the report, developed countries have a larger share of white-collar and administrative jobs that are more vulnerable to AI-driven automation. In contrast, economies like India still rely heavily on services, manufacturing, and labor-intensive sectors, making them relatively less exposed to immediate AI disruption.

Bernstein believes AI will create challenges for some jobs but could also boost productivity, innovation, and economic growth over the long term. For India, the focus will be on upskilling workers and using AI as a tool to enhance efficiency rather than replace large sections of the workforce.

Do you think AI will create more jobs than it eliminates over the next decade?

This news is for information only and is not investment advice. Please do your own research before making investment decisions.