The Rise of AI-Led Disruption in the Tech Industry
The rapid adoption of artificial intelligence (AI) is transforming the way businesses operate, and the tech industry is no exception. According to Nasscom, the Indian IT industry’s apex body, AI-led disruption may lead to more layoffs in the near future. This warning comes on the heels of Tata Consultancy Services’ (TCS) recent job cuts, which have sent shockwaves across the industry.
The Changing Landscape of the IT Sector
The IT sector is at a crossroads, with companies transitioning to AI-driven, product-centric models. This shift is expected to bring about both opportunities and challenges for the industry’s workforce. Nasscom emphasizes the importance of upskilling and collaboration as key to preparing India’s tech workforce for the AI-led future.
Early Signs of Progress
While the short-term disruptions may be unsettling, Nasscom points to early signs of progress. The industry body is encouraging companies to invest in upskilling their existing employees and new hires. This proactive approach will help employees adapt to the changing landscape and ensure a smoother transition.
Expert Insights
Digital CEO Neeti Sharma shares her insights on the impact of AI on the industry.
