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AI is transforming industries but not taking away jobs yet, says Deloitte’s Nitin Mittal

Artificial intelligence is reshaping industries worldwide, but it has not yet led to job losses, according to Nitin Mittal, Principal and Global AI Leader at Deloitte. Speaking at the World Summit 2025 during a session titled “The Last Job? AI and the Future of Work,” Mittal said he has not seen a single instance of a job being lost because of AI.

“I have not come across a single job lost to AI,” Mittal said, while discussing how technologies such as Agentic AI are changing the nature of work. He explained that some roles, especially those involving repetitive coding, are evolving rather than disappearing. “Coding is a perfect example. The jobs that get impacted are those done by humans — white coding. Agentic AI in particular, and in the near future, physical AI, will have an impact on jobs. But I have not come across a single job that has been lost to AI,” he said.

Mittal described Agentic AI as an autonomous system capable of setting its own goals, planning, and acting with minimal human input. He also stressed the importance of sovereign AI, which not only secures data but also protects a nation’s culture and language.

When asked how India can ensure it does not remain a “back office” in the global AI movement, Mittal said the country already holds a strong position because of its services sector. “India has a thrust and a natural advantage in applying technology into AI because of its services sector. But the question is — how do we take advantage of it? It requires large-scale re-skilling and investment,” he said.

Mittal added that while the Government of India has launched several AI-focused initiatives, society must also play a role in driving this transformation. “The challenge is that instead of being concerned about the impact on jobs, we should focus on how we can be investors and consumers of AI,” he said.

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