By Anurag Sharma
Founder and CEO of Taxellence Consultants India private limited
Artificial Intelligence (AI) is no longer a futuristic concept—it is an integral part of the modern professional world. From automating processes to optimizing business operations, AI is transforming industries at an unprecedented pace. According to a report by PwC, AI is expected to contribute up to $15.7 trillion to the global economy by 2030, with significant growth in sectors such as healthcare, finance, and manufacturing.
In India, AI adoption is on the rise. The National Association of Software and Service Companies (NASSCOM) predicts that AI and automation could boost India’s GDP by $500 billion by 2025. The government has also launched initiatives like the National AI Strategy and AI-powered projects in sectors like agriculture and healthcare.
AI’s Growing Influence: Facts and Figures:
- The global AI market is expected to reach $1.8 trillion by 2030, growing at a CAGR of 37.3% from 2023 to 2030. (Source: Grand View Research)
- n India, AI adoption could add $967 billion to the economy by 2035, with sectors like IT, healthcare, and manufacturing leading the way. (Source: Accenture)
Despite its promise, AI is a double-edged sword. While it boosts efficiency and opens new opportunities, it also raises concerns about job security, ethical biases, and economic disparity.
and still, AI continues to shape the professional landscape, it raises a critical question: Is AI a blessing or a curse? Let’s take a balanced look at the blessings and curses of AI in the professional world.
