Global AI Speculation and Job Concerns
Artificial Intelligence (AI) continues to be a subject of global speculation, widely believed to transform the world and work methodologies. This technological shift is also expected to bring significant changes to the employment sector. Recent large-scale layoffs in major IT and tech companies have affected thousands, fueling ongoing global assessments of AI’s advantages and disadvantages.
Warning Issued to India at World Economic Forum
During the World Economic Forum 2026 in Dubai, prominent Dubai businessman Hussain Sajwani issued a cautionary statement regarding the future of global employment, specifically addressing India. He highlighted that Artificial Intelligence is poised to revolutionize the job market, with its most substantial impact potentially felt by economies heavily reliant on outsourcing. This announcement has intensified discussions about how AI will shape the future labor market, particularly in nations like India, where the outsourcing sector plays a crucial role.
AI’s Transformative Impact on the Labor Market
Hussain Sajwani, the Founder and Chairman of DAMAC Group, suggested that AI’s influence would be far more extensive than that of the internet, potentially transforming the world by a factor of 100 rather than 10. He warned that countries failing to adapt to this change promptly could face considerable risks. Sajwani further elaborated that nations heavily dependent on outsourced labor are likely to encounter the greatest challenges, as automation historically replaces human tasks, accelerating this trend through AI. For India, this situation presents a particular concern, as it is widely recognized as a global outsourcing hub. The Indian economy’s IT sector, BPOs, call centers, and back-office services collectively provide employment to millions. Experts anticipate that the advent of AI-driven automation could reshape this entire industry.
