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India’s Middle-Class Job Model Faces Collapse, Experts Urge Shift to Entrepreneurship

AI automation and eroding middle-management roles are reshaping India’s economy, with the JAM Trinity offering a foundation for entrepreneurial growth.

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Overview

  • Saurabh Mukherjea warns that salaried employment, once central to India’s middle class, is no longer a sustainable career path due to AI-driven automation and shrinking mid-management roles.
  • AI advancements are replacing white-collar jobs in industries like IT, media, and finance, with companies such as Google already automating a significant portion of work.
  • The JAM Trinity—comprising Jandhan bank accounts, Aadhaar identification, and mobile connectivity—has created a digital infrastructure to support widespread entrepreneurship.
  • Mukherjea calls for a cultural shift away from defining success by paychecks, advocating for a focus on happiness, impact, and risk-taking instead.
  • Families are encouraged to prepare the next generation for entrepreneurial ventures rather than traditional salaried careers, which are rapidly disappearing.