SALARY TRENDS AI JOBS
AI versus first jobbers: Here are six tips for bright young students as AI threatens entry-level jobs
AI's rapid advancement threatens entry-level white-collar jobs, potentially disrupting traditional career paths. Experts predict significant displacement in coding, paralegal, and analyst roles, impacting recent graduates. The focus shifts towards human skills, AI literacy, and entrepreneurial ventures as crucial for navigating the evolving job market, emphasising adaptability and continuous learning.
Sridhar Vembu on AI automation economy: Why robots won’t kill jobs, but may bankrupt the middle class
Zoho founder Sridhar Vembu has said that artificial intelligence is unlikely to trigger mass job losses but could deepen economic inequality if governments fail to act. In a detailed post on X, he argued that the real risk lies in monopolistic tech firms hoarding the benefits of automation. He urged policymakers to focus on fair economic distribution and warned that only human-centric jobs, such as caregiving and farming, might hold future value. “Policy, not AI, will decide who wins,” he said.
The chink in AI's armour: DeepMind CEO says the tech can 'colonize galaxies' but names the one job it can never do
DeepMind CEO Demis Hassabis envisions AI ushering in a "golden era" of radical abundance and superhuman productivity, potentially starting as early as 2030. He anticipates AI augmenting human capabilities, particularly in sectors like healthcare, rather than causing widespread job displacement. This optimistic outlook contrasts with concerns about AI automating entry-level roles and increasing unemployment.
What Are ‘new-collar’ careers? The rise of six-figure salary jobs without college degrees in the age of AI automation
As AI reshapes employment norms, traditional degrees are losing relevance. “New-collar jobs” like marketing manager and IT analyst offer six-figure incomes and don’t demand college education. Driven by a growing need for skills over credentials, these roles are flexible, automation-resistant, and increasingly remote—opening new doors for career advancement without the burden of student debt.
Top tech and startup stories this week
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Amid job loss fears due to automation, a shocking new report reveals how AI is actually making workers ‘more valuable’
Despite concerns over AI-driven job losses, PwC’s 2025 AI Jobs Barometer finds AI is creating jobs and boosting wages worldwide. Productivity in AI-exposed industries has nearly quadrupled since 2022, and wages for workers with AI skills are significantly higher. The study highlights AI’s role in enriching jobs by automating mundane tasks and urges businesses to view AI as a growth strategy.
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Beyond the Ivy League: How students are using data to rethink global education
Students worldwide are increasingly using data to inform their higher education choices, moving beyond traditional rankings and prestigious institutions. They are prioritizing factors like job placement rates, return on investment, and industry partnerships. This shift is compelling universities to become more transparent with their outcome data to attract these data-driven applicants.
India could add $500 billion to GDP by 2035 through strategic AI adoption: Acuité’s Sankar Chakraborti
Sankar Chakraborti emphasizes AI's role in innovation and job creation, highlighting infrastructure gaps and brain drain as obstacles. He advocates for extending AI to rural areas with affordable internet and localized solutions.
Employee claims trapped after even after end of bond period, managers are blocking job-hunting prospects
A Reddit user highlighted a company's struggle with employee retention due to low pay and lack of recognition during the bond period. Frustrated workers are actively seeking alternative employment, leading to significant disruptions within the organization. This exodus is leaving the company scrambling to fill the vacant positions and maintain operational efficiency.
White-collar hiring shows strong momentum, led by consumer electronics sector
White-collar hiring in India remains strong, with steady MoM and notable YoY growth, led by sectors like consumer electronics (70% YoY) and logistics. Senior roles saw a 36% rise, with Mumbai topping city-wise growth. Diversity hiring surged 53% in two years, with women now forming 68% of such hires. Tier-2 cities are catching up, and demand stays high across experience levels.
Dream job no more? AI is coming for Wall Street’s entry-level Junior Analyst roles, and experts say it’s just the start
AI is starting to take over entry-level jobs on Wall Street, like junior analyst roles. Big banks may hire fewer people as AI handles more tasks. Experts say this could be the beginning of big changes in finance jobs.
Salaries rebound at top campuses: MBA, BTech offers up after 2024 slump
After a stagnant 2024, campus hiring is showing signs of recovery with rising salary offers, particularly for MBAs and BTech graduates. The Deloitte report indicates median salaries are expected to increase, driven by pent-up demand and skill-based recruitment. Sectors like private equity and renewable energy are fueling this growth, with variable pay becoming a standard feature in compensation packages.
Good Glamm misses payroll again; Uber top-deck reshuffle
Cash-strapped beauty platform Good Glamm Group did not pay wages for the second month in a row. This and more in today’s ETtech Top 5.
Engineers at frontlines of AI are least optimistic about it, shows report
Despite engineers driving AI adoption in India, they express anxiety about its impact on their careers, contrasting with the optimism of MBA and B Com graduates. The rise in job switching is fueled by technological disruption, competition, and unmet salary expectations.
Demis Hassabis, Google Deepmind CEO, advises students to study these subjects as AI replaces tech jobs
Google DeepMind CEO Demis Hassabis advises students to prioritise STEM education, emphasising that mathematics, physics, and computer science are fundamental for understanding AI systems. He predicts AI will create valuable new jobs for technically skilled individuals and encourages hands-on experience with AI tools.
Jobs AI will replace soon: From drivers to recruiters
Organisations such as UNCTAD and McKinsey and Co have predicted significant impacts on occupations in the next five years through the widespread use of AI. Here are some jobs that tech leaders predict could be taken over by AI in the coming decade.
India's job market sees high mobility, many seeking new roles: Report
A Michael Page report reveals high job mobility in India, with 62% of professionals negotiating raises and 37% succeeding. Professionals prioritize purpose, ethics, and flexibility, driving proactive career management. While GenAI adoption is high, only 31% feel prepared, highlighting the need for structured training and clear communication from employers to retain talent.
Clearer policies and training essential to harness AI's full potential: Survey
A Michael Page report reveals India's lead in GenAI adoption, yet a preparedness gap exists, fueling job security concerns. While trust in leadership and transparency are high, professionals seek better pay and internal advancement. Inclusivity remains a challenge, with ageism prevalent. Flexibility is now a baseline expectation, with hybrid work holding steady.
ET Graphics: AI startups are still hot investment picks
The 2025 Stanford AI Index report says private AI investments increased 44.5% between 2023 and 2024. In addition, corporate investments in AI through mergers and acquisitions, minority stakes and public offerings have seen a 25.5% uptick in 2024 compared to in 2023.
Techie gets ₹1.8 LPA after 18 months at startup, asks ‘Is this normal?’ Reddit erupts with outrage and advice
After 18 months of hard work, a techie’s post on receiving only ₹1.8 LPA drew widespread sympathy and outrage on Reddit. As the startup's first hire, he handled key responsibilities but saw little reward. Users urged him to prepare for interviews and switch jobs, warning that such low pay isn't just unfair—it’s a mental health risk.
Job losses: How AI has painfully disrupted dreams of young software engineering graduates
IT CEOs have indicated that AI-led productivity is changing the business model, with revenue growth and headcount growth being de-linked. “The last couple of years, we have been challenging our teams on how you can deliver twice the revenue and half of the people,” said HCLTech CEO Vijayakumar in February.
AI/ML hiring powers ahead as demand for senior talent grows: Naukri JobSpeak Report
In May, the job landscape for white-collar professionals in India remained steady. The Naukri JobSpeak Index indicated a modest uptick, signaling positive trends. Roles in AI and machine learning surged, particularly in urban centers like Delhi NCR and Chennai. There was a strong demand for experienced professionals, especially within the oil and gas and real estate sectors.
India Inc, adopt AI without abandoning humanity
India faces a critical juncture with AI's rapid integration, balancing economic growth and potential job displacement. HR leaders must champion responsible AI adoption, focusing on human skills like judgment and empathy alongside technological advancements. Prioritising reskilling, ethical AI usage, and corporate-academia partnerships is crucial to harness India's demographic dividend and build a human-centric future.
'He got a 100% hike with one offer, while I got 9% despite top ratings': A Redditor’s corporate reality check sparks heated debate
An employee took to Reddit to share how he received only a 9% raise, while his underperforming colleague bagged a 100% hike—thanks to an external job offer. The post ignited debate on corporate hypocrisy, loyalty, and why companies often reward those who threaten to leave, not those who consistently deliver.
For some recent graduates, the AI job apocalypse may already be here
AI is rapidly replacing entry-level white-collar roles, leaving recent graduates facing rising unemployment and shrinking job prospects. Companies increasingly automate junior tasks, especially in tech and finance, with little investment in training. Some young workers are pivoting early, launching startups or seeking alternatives, fearing traditional career paths may soon disappear.
Nvidia CEO Jensen Huang finally nails it, warns that every job will be affected by AI — and soon
Nvidia CEO Jensen Huang warns that AI is already reshaping the job market and every job will be affected immediately. Instead of fearing AI, he urges workers to embrace it, saying those who use AI will keep their jobs. While some tech leaders predict massive job losses, Huang believes AI could bring 30 to 40 million people back to work by boosting productivity. The key to survival is learning and using AI tools. This story highlights the urgent need for workers to adapt or risk being left behind in an AI-driven future.
Dream job to jobless: Techie shares wild journey from ₹6 lakh to ₹18 lakh to ₹0 salary crash in a month, Redditors offer support
An Indian full-stack developer shared on Reddit, how they went from earning ₹6 LPA to landing an ₹18 LPA US-based job—only to be left jobless after the offer was suddenly revoked due to internal restructuring. Sharing journey on Reddit, the developer received an outpouring of support from fellow developers while seeking a more stable and growth-oriented role amid the uncertainties of startup life.
After HR, is it sales, accounting, marketing, and legal? IBM sacks 8,000 HR employees, replaces them with AI
IBM has cut 8,000 jobs, mostly in HR. It's not just to save money, AI is changing how the company works. IBM is using AI to do tasks faster, which means fewer people are needed for some jobs.
Alarming trend as AI eats into jobs: Tech companies' hiring of new grads has plummeted over 50% since 2019
Job hunting is tough for new graduates, especially in tech. Big Tech has cut entry-level hiring significantly. AI is changing the job market, impacting early career roles. However, tech jobs are growing across industries. Software developers still face lower unemployment. AI skills are now essential for job seekers.
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