AI can disrupt both cognitive and skilled jobs, but fear still outweighs facts: CEA Nageswaran

financialexpress.com Jun 15, 2026

AI can disrupt both cognitive and skilled jobs, but fear still outweighs facts: CEA Nageswaran

Curated by Shubham · TechCapsules · Jun 15, 2026

AI-summarised brief · reviewed before publication

Chief Economic Adviser V Anantha Nageswaran stated that artificial intelligence can be more disruptive than earlier technological shifts as it affects both knowledge-intensive professions and skill-based work. AI systems can now perform tasks such as writing code, analyzing documents, and assisting in medical diagnosis, widening concerns among various professionals. The debate is driven by fear rather than reliable information, with companies citing AI while cutting jobs. In the US, AI was cited in 87,714 announced job cuts in the first five months of 2026, accounting for 22% of all planned layoffs. Job cuts were announced by companies such as Block, Snap, and Meta.

💡 Why It Matters

· The shift to AI is redefining how companies operate, with advances in technology changing organizational structures.
· Younger workers are bearing the brunt of this change, with employment among junior software developers declining significantly.

AI Capsules

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