India's information technology sector is forecast to surpass $300 billion in revenue for the first time in the current fiscal year, stated the IT industry body National Association of Software and Services Companies (Nasscom), amid challenges and opportunities arising from artificial intelligence (AI).
International Monetary Fund (IMF) has warned that AI was hitting the global labour market like a 'slow-moving tsunami,' with young graduates first in line to be knocked down while the World Bank called for governments to make 'crisis-era' support measures a permanent tool for getting young people into work.
