Forget the AI layoff panic. India has a deeper employment problem

A lot of people engrossed in the AI-and-jobs debate keep asking the same question: how many jobs will disappear. Manish Sabharwal, co-founder of TeamLease Services and a veteran voice on India’s labor economics, thinks that’s the wrong starting point.

The question that actually matters for India, he argues, is how the country manages the productivity AI unlocks, and who ends up better off because of it.

Job counts move up and down every quarter for a wide array of reasons and not just AI. But the question of how AI led productivity gains will be distributed between capital and labour remains persistent and it’s the one this piece is built around.

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