No Jobs, Only Work? The Future of Work Explained | Paisa Vaisa | Anupam Gupta

India’s middle class is at a turning point and this episode breaks down why. In this episode of Paisa Vaisa, Anupam Gupta is joined by Saurabh Mukherjea, Founder, Marcellus Investment Managers, and Nandita Rajhansa, Economist, Marcellus Investment Managers, to discuss their new book Breakpoint and the big shift happening in India’s economy. They explain how three major forces are reshaping the country: falling real wages, automation replacing jobs, and a surge in graduates without matching job creation. The result? A growing crisis for India’s middle class. From the reality that construction workers can earn more than entry-level IT employees, to the rise of AI impacting even white-collar jobs this conversation dives deep into the future of work. The episode also explores rising personal debt, social media-driven aspirations, and the dangerous overlap between borrowing and investing a potential “time bomb” for the economy. But it’s not all bad news. India still has massive opportunity just not in traditional jobs. The future lies in entrepreneurship, gig work, and creative problem-solving. Key topics: Middle class income squeeze Automation & AI impact on jobs Real wage decline in India Debt, markets & financial behaviour Entrepreneurship & new work models Watch till the end for practical advice on how to adapt, manage money, and navigate this shift. From decoding your personal finances to demystifying business models, Paisa Vaisa delivers candid, insightful, and jargon-free conversations. Listen on Spotify, Apple Podcasts, Amazon Music, JioSaavn, Gaana & more Watch full episodes right here on YouTube Explore more at ivmpodcasts.com Connect with Anupam Gupta: Twitter: @b50 Instagram: @b_50 LinkedIn: Anupam Gupta Follow IVM Podcasts We’re @ivmpodcasts on Facebook, Twitter & Instagram Chapters - 00:00 – In This Episode 01:40 – The Book's Premise 06:24 – Defining Middle Class 09:34 – Old Model Broke 16:02 – Wages Are Falling 22:49 – AI Hits Hard 27:08 – Debt Time Bomb 33:40 – Reasons For Hope 44:17 – The Mindset Shift 51:36 – Markets & Takeaways