Disruption

TCS’s move comes as the Indian IT industry undergoes sweeping changes in response to growing demand for AI, digital transformation, and automation

The world is facing “a perfect storm of multiple colliding trends,” including rising trade barriers, a shift away from global integration, rapid advances in AI, and the push for cleaner energy, Infosys Ltd chairman Nandan Nilekani told shareholders at the company’s 44th annual general meeting on Wednesday.

Amazon chief executive Andy Jassy said the rapid expansion of GenAI across the company will, over time, reduce the number of people needed in certain corporate roles—even as it unlocks entirely new ways of working, creating value, and reimagining what employees can do

Pointing to the earlier waves of disruption such as the rise of the internet and cloud computing, Krish said concerns over job losses have surfaced with every major technological breakthrough, adding that “it’s wrong to look at it through the lens of job loss and it is more an opportunity to transform skill.”

The history of the transistor illustrates the disruptive potential of new innovations to move from niche to mainstream.