At the World Economic Forum (WEF) 2026 in Davos, Hussain Sajwani, a prominent Dubai business magnate, issued a stark warning about the transformative impact of artificial intelligence (AI) on the global job market. He emphasized that AI is not merely a tool for enhancing productivity but a revolutionary force that could significantly disrupt economies reliant on outsourced labor, particularly India’s vast outsourcing sector. Sajwani’s remarks have ignited discussions about the potential consequences of AI adoption on international labor markets, highlighting the urgent need for countries to adapt or risk being left behind.
Why India’s Outsourcing Sector is Seen as Vulnerable
India has established itself as a global leader in outsourcing, with millions of jobs tied to IT services, business process outsourcing (BPO), call centers, and back-office functions. However, a recent analysis suggests that the rise of AI-driven automation could drastically alter this landscape. For instance, Tata Consultancy Services’ decision to lay off 12,200 employees has raised alarms among analysts, who predict that up to half a million jobs could be at risk in the coming years if traditional roles continue to be automated. Jobs that involve routine programming, manual testing, customer support, and administrative tasks are particularly susceptible to AI, which can execute these functions more efficiently and at a lower cost. Sajwani echoed these concerns during his address in Davos, predicting that AI could eliminate up to 80 percent of jobs in fields such as accounting and nursing, thereby diminishing the demand for outsourced services. While some commentators advocate for a shift towards innovation and new AI-related opportunities, many workers express anxiety about the future of their livelihoods in an increasingly automated world.
Global AI Leaders vs. Traditional Job Markets
Sajwani highlighted a growing disparity in global AI adoption, pointing out that countries like China, the United States, the UAE, and Saudi Arabia are making substantial investments to enhance their AI capabilities. In contrast, regions that hesitate or impose excessive regulations may find themselves at a competitive disadvantage. He drew parallels between current resistance to AI and historical technological setbacks, such as the Ottoman Empire’s rejection of the typewriter. This comparison underscores the potential risks for nations that fail to embrace technological advancements. Sajwani’s insights reflect a broader concern that without proactive measures, countries reliant on traditional job markets may struggle to keep pace with the rapid evolution of AI technologies. As businesses like Sajwani’s DAMAC Group expand into data centers and invest in AI-driven initiatives, the urgency for adaptation becomes increasingly clear.
The Future of Work in an AI-Driven Economy
The implications of AI on the workforce extend beyond immediate job losses. As automation continues to evolve, the nature of work itself is likely to change. Sajwani’s predictions suggest that entire industries may need to rethink their operational models and workforce strategies. The shift towards AI could lead to the creation of new job categories that require different skill sets, emphasizing the importance of education and training in preparing workers for the future. Policymakers and business leaders must collaborate to develop strategies that not only address the challenges posed by AI but also harness its potential to drive economic growth. This includes investing in reskilling programs and fostering an environment that encourages innovation. As the world navigates this transformative period, the focus will need to be on creating a balanced approach that supports both technological advancement and workforce stability.