51% of Indians believe AI will Enhance Workplace Productivity

By Consultants Review Team Monday, 11 December 2023

According to a new PwC survey titled "India Workforce Hopes and Fears Survey 2023," 51 percent of Indians feel that artificial intelligence (AI) will help them increase workplace productivity. India's average is higher than the global average, with 31% believing AI will help them at work.

Furthermore, as per the survey, 62% of Indians feel that the skills required for their employment would change significantly over the next five years, compared to 36% globally. Moreover, 69% of these Indians are aware of how the requirements may alter.

"Most Indian leaders recognize the importance of transforming their workforce for the future success of their businesses." Similarly, as their jobs and workplaces evolve, people in India are acutely aware of the importance of upskilling, which is becoming an increasingly crucial component in their career decisions," said Kartik Rishi, partner at PwC India.

"However, organizations' talent strategies and programs continue to place a much lower emphasis on skills, particularly those for the future." Adopting a forward-thinking, skills-first approach that is incorporated into their business operations will be a critical aspect in leaders' ability to sustain organizations over the next decade." However, 24% of Indians believe AI will harm their jobs. The global percentage of persons who believe this is 14%. Furthermore, 21% of Indian respondents feared AI would take their jobs, compared to 13% of global respondents.

According to the survey, the Indian workforce is restless, with 42 percent of employees saying they are likely to move jobs in the next year due to better salaries and promotions, compared to 26 percent abroad. Furthermore, 70% of Indian participants, compared to 35% of their global counterparts, are willing to seek a promotion. While much of the organization's attention is focused on the younger generation, the poll revealed that managers and senior executives will also require attention.

"The workforce is not settling with a competitive compensation only - which continues to be hygiene - but also deeper job satisfaction, and faster growth opportunities to fulfill their aspirations. To thrive, organizations and leaders will need to make some tough choices while blending adaptability with innovative workforce structures and career pathways, for an ever-evolving landscape," Anumeha Singh, partner at PwC India, said.


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