The unemployment in India is going to be catastrophic. Geopolitical.
Just yesterday I saw on X a video of a Miami hotel where the check-in procedure was via a video call to a receptionist in India.
Though it raises an interesting point: if a country like India or China did make the investment in hiring, paying, and mentoring junior people but e.g. the US didn't, then you could see a massive shift in the global center of gravity around software expertise in 10 years (plus or minus).
Someone is going to be the best at planning for and investing in the future on this, and someone is going to maximally wishful thinking / short-term thinking this, and seductive-but-not-really-there vibe coding is probably going to be a major pivot point there.