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 ¡ª and the not-yet-publicly-released Mythos ¡ª 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 ¡ª the wage bump that graduates enjoy over school-leavers ¡ª is shrinking and AI could further narrow the gap.
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