Mumbai, April 26 -- The Agrawal Marwadi Chamber of Commerce, Industries and Education (AMCCIE) has expressed serious concern over the impact of rapidly advancing Artificial Intelligence (AI) and automation technologies on employment, affecting lakhs of people across India and globally.
AMCCIE National President Rajesh Agarwal stated that while technological advancement is inevitable, the resulting imbalance in employment is emerging as a significant social and economic challenge.
He said with the rise of AI and new technologies, traditional jobs are declining, impacting a large number of people. "This is not just an economic issue, but also a matter of social stability," he noted.
However, he emphasized that every technological transform...