Net impact of AI on jobs positive, managing the transition to new tech a challenge: RBI

Amid widespread worries over the impact of artificial intelligence on jobs, Reserve Bank Deputy Governor Poonam Gupta on Friday said the net impact of the new technology on employment will be a positive one.

However, there will be a churn as some jobs get lost, and the challenge will be in managing transition to the new technology, she told reporters at the central bank headquarters here.

She said that the central bank has recently conducted a survey on the impact of AI on productivity and employment, and added that there is no negative effect as of now.