"Half of employers plan to re-orient their business in response to AI," writes the WEF in the report. "Two-thirds plan to hire talent with specific AI skills, while 40% anticipate reducing their workforce where AI can automate tasks."

Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows.

India will showcase its advancements in artificial intelligence, renewable energy, and frontier technologies at the World Economic Forum in Davos. The delegation, led by key ministers, aims to boost foreign investment and highlight economic opportunities and industrial progress across various states.

A new study from World Economic Forum has highlighted what many people fear: AI will lead to job losses, with 41% of companies set to make layoffs by 2030.

Artificial intelligence is here to stay, and while some have embraced the technology, others are understandably worried about its swift evolution and how it can potentially impact our livelihood. Well now,

This participation will reinforce the country’s role as a key player in addressing global challenges and driving innovation, the commerce ministry said.

The global job market is poised for a significant transformation by 2030, with numerous jobs facing disruption, according to the World Economic Forum.

India will participate in a session on AI and FDI at WEF 2025 in Davos, highlighting its growing appeal as a prime investment destination. The session will discuss challenges and opportunities for sustainable investment.

India will join a session on AI and FDI at the World Economic Forum in Davos from January 20-24, 2025. The session is co-organised by Invest India and WAIPA. The Indian delegation will include several ministers.

About sixty per cent of global manufacturers will use generative AI as a tool to help people gain expertise faster by 2027, according to the annual meeting of the World Economic Forum (WEF).