Indian Employers and Jobseekers Optimistic About AI’s Impact on Jobs, According to New Survey
A recent survey conducted by global job search platform Indeed has revealed that Indian employers and jobseekers are optimistic about the impact of Artificial Intelligence (AI) on jobs. The findings shed light on the evolving relationship between employers, jobseekers, and AI, providing insights into their expectations, concerns, and the current use of AI in recruitment.
According to the survey, Indian employers have high hopes for AI, with over 85 percent expecting AI to create new jobs within the next 1-5 years. The majority of jobseekers (63 percent) are also excited about the potential impact of AI, with 53 percent agreeing that AI is likely to generate more jobs. This optimism stems from the belief that AI can:
– Improve the nature of employees’ tasks (85 percent)
– Enhance job security and opportunities for career development (77 percent)
Sashi Kumar, Head of Sales at Indeed India, commented on the survey, stating, This new survey brings encouraging news that jobseekers are not only aware of the promise of AI but are also excited about its potential. It demonstrates that job seekers are ready to embrace AI as a force for positive change in their careers. However, employers must work together to devise frameworks that enable the effective use of AI to facilitate technological advancement.
While Indian jobseekers embrace the potential benefits of AI systems and tools, they also express concerns. Key worries include the need for reskilling or upskilling (43 percent), potential job losses in their industry or profession (29 percent), and ethical considerations (20 percent). Additionally, they have apprehensions about negative impacts on their work wellbeing (17 percent) and the possibility of bias (15 percent).
The survey also highlights how AI can transform India’s recruitment landscape. A significant percentage of HR and talent acquisition leaders (90 percent) believe that AI systems and tools will make their jobs easier, while 86 percent think AI can enhance the hiring and candidate experience. Furthermore, 81 percent are optimistic that AI can allow them to focus on the more human aspects of their work.
In terms of jobseekers, a majority (78 percent) believe that the development of AI systems and tools will improve the hiring and candidate experience. However, half of the jobseekers surveyed express concern about AI replacing human judgment and intuition in hiring decisions. They emphasize the importance of employers maintaining a human approach and monitoring the use of AI (48 percent) and ensuring that the data used for AI systems and tools represents minority groups (41 percent), to ensure a fair and unbiased job search process.
Compared to global counterparts, respondents in India are the most bullish on AI, with a high percentage of HR professionals (98 percent) and jobseekers (91 percent) stating that they currently use AI tools for work. In contrast, a significant number of HR professionals (35 percent) and jobseekers (53 percent) in Japan report not using AI tools professionally at all. France also exhibits resistance to AI, with 30 percent of job seekers and 25 percent of HR professionals expressing fear of the technology.
Other countries with a strong adoption of AI in the workplace include the United States and Canada, where 92 percent of HR professionals utilize AI tools, as well as the United Kingdom (88 percent). However, these countries face some resistance from jobseekers, with significant percentages stating that they do not currently use AI in their job searches.
Overall, the survey highlights the enthusiasm among Indian employers and jobseekers regarding the potential impact of AI on jobs. While the optimism is tempered by concerns such as the need for reskilling, job losses, and ethical considerations, there is a general consensus that AI can bring positive changes to the recruitment landscape. The findings emphasize the importance of employers and jobseekers working together to ensure a fair and unbiased use of AI, while also embracing its potential for improvement and growth.