The Tamil Nadu government has expressed concerns that the increasing use of artificial intelligence (AI) in trade may impact the state's economic growth. The state's commerce and industry department has warned that the rise of AI-powered automation could lead to job losses and disrupt traditional industries.
According to a report by the state government, Tamil Nadu's economy is heavily reliant on sectors such as textiles, leather, and automotive, which are vulnerable to automation. The report notes that while AI has the potential to increase efficiency and productivity, it also poses significant risks to employment and economic growth.
The state government is now exploring ways to mitigate these risks, including providing training and upskilling programs for workers in affected industries. The government is also considering policies to encourage the development of new industries and startups that can leverage AI and other emerging technologies.
The concerns raised by the Tamil Nadu government reflect a broader debate about the impact of AI on employment and economic growth. While some experts argue that AI will create new job opportunities and drive growth, others warn that it could exacerbate income inequality and lead to significant job displacement.