As AI Takes Jobs, Could It Also Create A New Generation Of Entrepreneurs?
As AI-driven restructuring leads to layoffs in major tech companies, industry experts suggest a potential shift toward a new generation of entrepreneurs. These individuals may leverage AI tools to execute complex tasks with fewer resources and smaller teams.
Anyone looking for a job at the moment knows the market is tough. Companies across industries and functions have gone for AI restructuring which has meant layoffs and shrinking opportunities. Fresh graduates too are familiar with the struggle of landing a job as AI has eaten up a lot of entry-level jobs. Over the last couple of years several organisations including Facebook-owner Meta, Amazon, Oracle, and Cognizant have laid off thousands of employees. As AI advances and increasingly automates a lot of tasks, there may be a silver lining emerging, believe India Inc and global industry captains: the dawn of a new entrepreneur. One who doesn't need as many resources or staffers as before, because AI can now help execute tasks that would have required several people and several man-hours in a matter of hours or even minutes.</p><!--dsk1-->
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