Business

Labour Market Resilience in Focus at India AI Impact Summit 2026


Labour market resilience emerged as a central theme at the India AI Impact Summit 2026 during a session titled “Global Dialogue on AI Usage – Data for Labour Market Resilience.” The discussion examined the changing nature of work amid accelerating artificial intelligence adoption and the policy choices required to manage the transition effectively.

Drawing on emerging international evidence, panellists noted that AI’s impact on employment is differentiated across age groups, sectors and geographies. Early trends suggest that younger workers in roles with higher AI exposure may be experiencing employment pressures. However, the absence of comprehensive and comparable cross-country data continues to limit governments’ ability to design timely and targeted interventions.

The discussion underscored the importance of moving forward with adaptive policy frameworks even in the absence of perfect information. Strengthening social protection systems, expanding reskilling pathways and designing context-specific strategies for sectors such as services, agriculture and public delivery were highlighted as essential steps to ensure inclusive growth.

Shamika Ravi, Member of the Economic Advisory Council to the Prime Minister, observed that India shows one of the highest levels of firm-level AI adoption, characterised by openness and optimism. While productivity effects are still being measured, she noted that AI in India is likely to be applied to long-standing challenges in health, education and services, particularly where last-mile connectivity constraints have limited outcomes.

Yoshua Bengio, Professor at Université de Montréal and a leading AI expert, stated that employment trends observed over the past five years are likely to continue shaping the job market. He cautioned that access to AI will increasingly become a competitive advantage, underscoring the need for international coordination and dialogue to ensure AI development benefits all.

Representatives from Microsoft and OpenAI highlighted that much of the existing evidence on AI’s employment impact is concentrated in a few countries, particularly the United States, with limited data available from emerging economies. This gap makes it difficult to draw firm conclusions and reinforces the need for systematic global data collection on AI adoption and employment outcomes.

The session concluded that strengthening labour market resilience in the AI era will require better measurement of technology adoption, anticipatory governance, coordinated investments in skills and institutional capacity, and robust social protection systems. Only through such integrated efforts can productivity gains from AI translate into broad-based economic and social benefits.

Business

Apple Hits $4 Trillion Market Value as Strong iPhone Sales Offset AI Concerns


Apple has officially surpassed a $4 trillion market value, becoming the third Big Tech company in history to achieve this milestone, after Nvidia and Microsoft. The milestone comes amid robust demand for its iPhone 17 lineup and the iPhone Air, which have helped lift shares about 13% since their launch on September 9, marking Apple’s first positive performance for the year.

The iPhone remains a critical revenue driver, accounting for more than half of Apple’s profit. Analysts say the iPhone Air’s slim design positions Apple to compete effectively against rivals like Samsung Electronics, while early sales of the iPhone 17 have outperformed its predecessor by 14% in key markets such as the U.S. and China, according to research firm Counterpoint. Brokerage Evercore ISI expects the strong demand to exceed market expectations for the quarter ending September, with upbeat forecasts anticipated for the December quarter.

Apple shares had faced headwinds earlier in the year due to stiff competition in China and uncertainties related to high U.S. tariffs affecting its major manufacturing hubs in Asia. While Apple has taken a cautious approach to artificial intelligence, including delayed upgrades to Siri and a slower rollout of the Apple Intelligence suite, reports indicate ongoing collaborations with Alphabet’s Gemini AI, Anthropic, and OpenAI.

Chris Zaccarelli, chief investment officer of Northlight Asset Management, noted, “The lack of a well-understood AI strategy is one of the overhangs for the stock. If Apple can incorporate AI in a way that excites consumers, it would transform the company.”

Apple reported its strongest quarterly results in years during April-June, achieving double-digit growth across key segments and surpassing analyst expectations. Its shares currently trade at 33.2 times projected earnings for the next 12 months, compared to 27.42 for the Nasdaq 100, reflecting the company’s strong valuation. Apple is expected to announce its Q4 results on October 30, which could further impact investor sentiment.

Despite underperforming the Nasdaq 100 this year, Apple’s milestone highlights the enduring appeal of its ecosystem, driven largely by iPhone sales and global brand loyalty.

Entertainment

Bill Gates to Make Surprise Appearance on Smriti Irani’s ‘Kyunki Saas Bhi Kabhi Bahu Thi’ Reboot


In an unexpected crossover that has taken both the tech and entertainment worlds by surprise, Bill Gates, co-founder of Microsoft and one of the world’s most respected philanthropists, is set to make a guest appearance in the reboot of Smriti Irani’s iconic TV show Kyunki Saas Bhi Kabhi Bahu Thi.

The show, which returned to television earlier this year, has been climbing the TRP charts once again, drawing nostalgic fans and new viewers alike. Now, a recently released promo hints at a special storyline featuring Bill Gates — marking what could be one of the most unexpected celebrity cameos on Indian television.

Sources from the production team reveal that Gates’ appearance is linked to a “tech-driven social initiative” being featured in the show’s storyline, blending real-world philanthropy with the fictional world of Tulsi and her family.

Smriti Irani, who plays the beloved Tulsi once again, reportedly welcomed the collaboration, calling it a “moment that bridges the world of innovation and inspiration.”

Bill Gates has often expressed admiration for India’s cultural impact and ongoing progress in technology and health initiatives. His cameo in one of India’s most loved family dramas adds a global dimension to the series’ legacy.

The move has already sparked excitement across social media, with fans calling it “the crossover we never knew we needed.”

The Kyunki reboot continues to air on StarPlus and is available for streaming on Disney+ Hotstar.

📺 Stay tuned for more updates and behind-the-scenes details only on allycaral.com

EduConnect

Microsoft’s Aruna Chakkirala Talks GenAI, Responsible AI at Goa Business School


As part of the ongoing Fomento Lecture Series, Microsoft’s Lead AI Cloud Solutions Architect, Aruna Chakkirala, delivered an insightful talk at Goa Business School, Goa University, on Tuesday. The session, titled “Business Impact of AI and Building Meaningful GenAI Use Cases,” offered students a first-hand perspective into how artificial intelligence, particularly Generative AI, is reshaping the world of work and innovation.

An alumna of Goa University herself, with a Master’s in Computer Applications, Aruna’s return to campus was both nostalgic and impactful. Drawing from over two decades of global experience in AI and cloud architecture, she explored the widespread influence of Generative AI across industries and how it’s essential for young professionals to orient themselves toward this transformative technology.

She advised students to focus not only on acquiring AI skills but on building domain understanding—stressing that AI should be seen as a tool to augment human capabilities, not replace them. This, she said, is crucial for improving job prospects in an increasingly AI-integrated job market.

Addressing a pressing concern among students, Aruna candidly acknowledged the uncertainty surrounding AI’s impact on employment. “We still don’t know how this wave of AI growth will ultimately affect job creation or displacement,” she said, validating the mixed sentiments within the academic community.

What remained constant throughout her talk was the emphasis on Responsible AI. For Aruna, responsible innovation has always been at the core of her professional journey. She spoke about the ethical dimensions of AI systems and the importance of building transparent, explainable models. Her book, Interpretability and Explainability in AI using Python, underscores this very philosophy and remains a valuable resource for professionals and learners alike.

The session concluded with an interactive Q&A where students engaged with Aruna on current AI trends, future opportunities, and the importance of human-AI collaboration. The event further cemented Goa Business School’s commitment to providing students with access to leaders driving real-world tech transformation.

TechPulse

IICT Joins Forces with Global Tech Leaders to Launch AVGC-XR Courses in India


Written by Tanisha Cardozo

The Indian Institute of Creative Technologies (IICT) has officially launched admissions for its inaugural academic session, with classes set to begin in August 2025. With the creative economy booming globally, the institute is setting the stage for India to lead in the domains of Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR).

Announced by Union Minister Shri Ashwini Vaishnaw at the WAVES Summit earlier this year, IICT is envisioned as a world-class institution fostering talent in digital creative technologies. What sets it apart is its strategic collaboration with industry giants like Google, Meta, Microsoft, YouTube, Adobe, NVIDIA, and JioStar. These tech leaders will not only support curriculum development but also provide industry training, internships, scholarships, and direct job placements for graduating students.

The institute’s first wave of courses includes:

  • 🎮 6 in Gaming
  • 🎞️ 4 in Post Production
  • ✍️ 8 in Animation, Comics, and XR

With a focus on immersive, hands-on learning, these courses aim to align with industry standards, preparing students for careers in global media, tech, and gaming companies.

IICT has also forged a key MoU with the University of York, UK, enabling students to access global certifications, research collaborations, and exchange opportunities, further enhancing the institute’s international credibility.

Under the dynamic leadership of Dr. Vishwas Deoskar, the institute aims to position India as a global AVGC-XR hub. “We’re merging India’s immense creative potential with global standards. It’s a revolution in digital skill-building,” said Dr. Deoskar.

The institute will soon release its full curriculum, and admissions for the August 2025 batch are now open.

With India’s youth eager for high-growth careers and the AVGC-XR sector set to skyrocket, IICT is the launchpad for future creative innovators.