Generative AI Expected to Substitute 46% of Time Spent on Accounting Tasks in India

The impact of generative AI on different job categories showcases a considerable difference between white-collar and blue-collar roles.

A recent report unveiled the potential of generative AI to significantly transform the landscape of various job roles in India by 2032, particularly in the realm of accounting tasks. The findings suggest that approximately 46 percent of time spent on accounting tasks could be automated by generative AI technology.

The impact of generative AI on different job categories showcases a considerable difference between white-collar and blue-collar roles.

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Tasks associated with white-collar positions, such as accountants, bookkeeping clerks, administrative secretaries, and word processor operators, could see about 30 percent or more of their time being taken over by generative AI.

In contrast, the influence of generative AI on blue-collar roles, such as weavers, knitters, waiters, and cooks, is anticipated to be significantly lower, accounting for less than 1 percent of their job tasks within a working week.

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The report highlights the repetitive nature of tasks within administrative roles, such as appointment scheduling and call management, making them ideal candidates for automation through generative AI. This impact is notably pronounced in India, with a substantial 29 percent difference observed between the most affected white-collar and blue-collar job categories.

Specifically in India, roles like accounting and bookkeeping top the list with a projected automation impact of 46 percent, closely followed by word processors and related operators at 40 percent.

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Mike Howells, President of Pearson Workforce Skills, emphasized the importance for employees to comprehend the potential risks AI poses to certain job roles while also recognizing the opportunities for new roles that may emerge alongside Generative AI. He stressed the necessity for workers and employers to navigate this transformative phase by leveraging both AI capabilities and human skills synergistically.

Interestingly, the report identified that working proprietors, directors, and executives in sectors like transport, communication, sales, and marketing managers are among the least impacted job roles in India.

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The study, part of Pearson's 'Skills Outlook' series, examined the impact of generative AI on over 5,000 job profiles across five countries, including Australia, Brazil, India, the US, and the UK.

(With Agency Inputs)

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