The government has announced the formation of a new panel to study the impact of artificial intelligence on the services sector. Finance Minister Nirmala Sitharaman stated that the panel will evaluate how AI is transforming industries, creating new opportunities, and presenting challenges for businesses and workers.
The panel will examine the adoption of AI across sectors including information technology, finance, healthcare, and retail. It will assess both the potential for increased efficiency and the risks related to job displacement, skill gaps, and regulatory requirements. The findings will help guide policy decisions and support measures that encourage innovation while preparing the workforce for future demands.
Experts from industry, academia, and government will be part of the panel to provide a comprehensive assessment of AI’s role in shaping the services economy.
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