Indian employers anticipate AI to generate new jobs in 1-5 years, with over 85% optimistic, reveals survey

Indeed, a global hiring platform conducted a global survey on the potential of artificial intelligence (AI) being used in the workplace. The conclusions derived from this survey explored the dynamics between AI, employers, and job seekers. It also explored the current applications of AI in recruitment.

The survey concluded that Indian employers are quite optimistic about using AI in job hunting. Over 85% of Indian employers feel that AI is going to be crucial to job creation in the next 5 years.

Even the employment seekers seemed to feel positive about using AI in job searches. Over 63% of job hunters are excited about the potential of AI. Among these, 53% believe that AI can create multiple jobs in the future. AI has the capability of:

• Improve work productivity.
• Help job seekers hone their skills.
• Help job seekers work on complex tasks.
• Aid hiring by focusing on skills and potential rather than experience.

Employers also feel that their employees can improve their efficiency, career development, and job security with the help of AI.

Jobseekers are not only aware of the promise of AI but also excited about its potential to improve their careers, according to Sashi Kumar, Head of Sales at Indeed India. However, employers must work together to develop frameworks for the effective use of AI to facilitate technological advancement.

However, there are some Indian job seekers who feel AI can disrupt their employment opportunities. They feel the need to reshape their skills, which could be triggered by AI, can be difficult. Similarly, some feel that AI can replace the human workforce in their specific profession.

Sentiment evaluation of AI adoption in various industries

The survey also produced some results related to using AI in various fields. The following is the usage of AI in certain fields:

• Education: 65.12%
• Healthcare: 62.16%
• Media: 61.54%
• Finance: 60.00%
• Tech: 54.97%
• Hospitality: 52.94%
• Retail: 52.50%
• Transportation: 47.62%
• Government: 41.67%
• Logistics: 40.00%
• Construction: 31.58%

AI usage in recruitment procedures

The survey also explores how AI can transform the recruitment landscape in India by fitting the needs of both employers and employees. Around 90% of HR and talent hiring leaders believe that AI tools can help them significantly in hiring. A majority of them believe that AI would also help job seekers hone their skills for better opportunities. Around 81% of them also believe that AI would help them focus more on the human aspect of their job.

Around 78% of job seekers also believe that using AI would improve their hiring experience. However, half of the employees surveyed believe that there is a major possibility of AI replacing humans in the workforce. In order to guarantee an equitable and impartial job search procedure, job seekers advocate for the perpetuation of a human-centric approach and oversight (48%), along with the inclusion of underrepresented minority groups in the data utilized by AI systems and tools (41%).

How does India rank globally in using AI for recruitment?

When compared to other countries, India has the highest usage of AI tools for hiring and job search, with around 98% of HR and 91% of job seekers using AI assistance. Japan ranks as one of the lowest-usage countries for AI tools for hiring. When asked, around 35% of hiring professionals admitted to not using AI tools. Similarly, around 53% of job seekers in Japan do not use AI for assistance. In France, things look quite different, with 30% of job seekers and 25% of HR professionals worried about AI technology.

The other side of the spectrum contains the U.S. and Canada, with 92% of HR professionals using AI tools for professional assistance. Similarly, the U.K. has around 88% of HR professionals using AI assistance. Nevertheless, these countries encounter resistance from job seekers, with 41% of job seekers in the UK, 30% in the US, and 42% in Canada indicating that they are currently not using AI.