India has three good reasons to engage with one of the biggest open questions in economics today: the impact of artificial intelligence on jobs.
First, the country has the world’s largest youth population. Second, its growth model has been dominated by software services, and AI tools like Anthropic PBC’s Claude Opus — and the not-yet-publicly-released Mythos — are getting exceedingly good at writing code and finding bugs. But the third and final point may be the most crucial: The threat to entry-level positions comes amid an alarming oversupply of college graduates.
The premium on college education — the wage bump that graduates enjoy over school-leavers — is shrinking and AI could further narrow the gap.
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