TCS CEO says AI fears wiping billions off markets are a phase of 'worry and anxiety'
Global software stocks experienced an $830 billion wipeout following the launch of AI plugins, sparking fears of obsolescence. However, tech leaders like TCS CEO K Krithivasan push back, arguing complex enterprise systems won t be replaced by chatbots. Wall Street is repricing the sector, questioning if AI will hollow out or enhance software companies
Global software stocks experienced an $830 billion wipeout following the launch of AI plugins, sparking fears of obsolescence. However, tech leaders like TCS CEO K Krithivasan push back, arguing complex enterprise systems won t be replaced by chatbots. Wall Street is repricing the sector, questioning if AI will hollow out or enhance software companies
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