Misleading news should not worry IT engineers

 With ref to news https://www.businesstoday.in/jobs/story/ai-layoffs-in-india-66-of-ai-and-ml-workers-expect-job-cuts-within-3-6-months-engineers-remain-least-worried-548225-2026-08-10

The article’s headline is attention-grabbing, but the interpretation needs considerable caution. The most interesting finding is actually the apparent contradiction: AI/ML professionals are among the most worried about AI-driven job cuts, while engineers are reportedly among the least worried.

1. The 66% figure does not mean 66% will lose their jobs

The wording matters.

“66% expect job cuts within 3–6 months”

means expectation/perception, not an observed probability of individual job loss.

There are at least three very different propositions:

  • 66% believe their team may see headcount reduction.
  • 66% believe their own job is at risk.
  • 66% will actually lose their jobs.

Only the first appears to be claimed. Headlines can easily make readers interpret it as the third.

2. Why would AI/ML professionals be more worried?

This is actually economically logical.

AI/ML professionals have unusually high AI exposure. They understand what current models and agents can automate because they work with them every day.

Consider an AI team:

Earlier

20 ML engineers → build models → maintain pipelines → evaluate models → deploy models

Increasingly

8–12 engineers + foundation models + AI coding agents + automated evaluation + cloud infrastructure

AI does not necessarily eliminate the entire occupation. It can reduce the number of people required to produce a given amount of output.

This is the distinction highlighted by : AI often automates tasks, rather than eliminating occupations wholesale.

3. “Engineers are least worried” may actually be the most interesting finding

Engineering is an enormous category.

A software engineer who previously spent:

  • 30% of time coding
  • 20% debugging
  • 20% testing
  • 15% documentation
  • 15% requirements/design

may now use AI to compress several of those activities.

But that doesn't automatically make the engineer redundant.

The engineer who can specify, architect, review, validate and integrate AI-generated output may become considerably more productive.

The danger therefore isn't necessarily:

AI replaces engineer

but:

AI-enabled engineer replaces several conventional engineers.

That is a much more plausible labour-market mechanism.

4. The real threat is probably the junior-to-mid-level career ladder

This is where I would be more concerned than the headline suggests.

Traditional technology careers often worked like:

Junior → Senior → Lead → Architect/Manager

Junior employees performed relatively structured tasks while gradually acquiring expertise.

AI can increasingly perform some of those structured tasks.

That creates a potentially serious problem:

If AI eliminates much of the junior work, where do future senior engineers acquire experience?

This could produce a “career bottleneck” rather than immediate mass unemployment.

5. AI may reduce employment while increasing AI investment

There is no contradiction here.

A company can simultaneously say:

“We are investing ₹500 crore in AI”

and

“We need fewer employees.”

In fact, the second can be part of the business case for the first.

Suppose:

Without AI

100 employees × ₹15 lakh average cost
= ₹15 crore/year

AI investment = ₹3 crore

If AI allows the company to accomplish the same output with 70 employees:

70 × ₹15 lakh = ₹10.5 crore

Potential labour saving = ₹4.5 crore/year.

So the company can increase AI spending while reducing headcount.

6. But there is a major counterargument

AI adoption can also create new demand.

If productivity rises dramatically, the price of producing software/services can fall.

Lower prices can stimulate demand.

For example:

AI makes software development 40% cheaper → more companies can afford software → software demand expands → some of the displaced labour gets absorbed.

This is the classic productivity → price → demand → employment mechanism.

Whether this offsets displacement depends heavily on the elasticity of demand and how rapidly AI capabilities improve.

7. India has an additional vulnerability

India's IT/services model has historically benefited from large pools of relatively inexpensive skilled labour.

That creates a particular risk.

If a US company previously outsourced:

100 developers → India

but AI-enabled teams can accomplish the same work with:

40 developers

India doesn't necessarily lose the entire business.

But it may lose 60% of the labour requirement.

That could pressure:

  • IT services
  • BPO/KPO
  • software development
  • testing
  • technical support
  • documentation
  • routine analytics
  • low-complexity consulting

8. The winners may not be “AI specialists” alone

The strongest position may increasingly be:

Domain expertise + AI + decision-making

rather than merely:

AI expertise

For example:

AI + healthcare
AI + finance
AI + semiconductor engineering
AI + cybersecurity
AI + legal
AI + manufacturing

A person who understands the business problem, domain constraints, regulatory environment and AI capabilities can be harder to replace than someone whose role is primarily executing a technical task.

9. The biggest misconception in the article

The question shouldn't simply be:

“Will AI replace jobs?”

A better question is:

“How many people will be required to produce the same economic output after AI?”

That is the crucial variable.

If:

100 people → ₹100 crore output

becomes

60 people → ₹150 crore output

then society may become more productive while employment in that particular function declines.

The resulting economic problem is distribution, not necessarily technological failure.

10. My overall assessment

I would classify the article's claim as:

Directionally important, but insufficiently nuanced.

The 66% statistic is useful as a sentiment/expectation indicator, but shouldn't be interpreted as a forecast that two-thirds of AI/ML professionals will lose their jobs.

The more credible medium-term scenario is:

AI doesn't eliminate most occupations.
It reduces the labour required for many tasks within those occupations.

And that creates a particularly interesting paradox:

The people closest to AI may be the most frightened by it—not because they misunderstand AI, but because they understand it better.

For India, we should watch IT-services revenue per employee, employee additions, fresher hiring, utilisation rates, billing rates, and revenue generated per engineer much more closely than AI-layoff headlines. Those indicators would tell us whether AI is merely changing work—or structurally reducing India's labour advantage.

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