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Ai is an opportunity, not a threat - VOIP Union Confirms
IT is growing in double digits in India in last 2 decades.
Balance sheet in NSE
Operating Margin
Continuous Employee headcount increase
VOIP - Voice of Information Technology Professionals
What is the ideal job to outsource to artificial intelligence? Today’s ais, in particular the Chatgpt-like generative sort, have a leaky memory, cannot handle physical objects and are worse than humans at interacting with humans. Where they excel is in manipulating numbers and symbols, especially within well-defined tasks such as writing bits of computer code. This happens to be the forte of giant existing outsourcing businesses—India’s information-technology (it) companies. Seven of them, including the two biggest, Tata Consultancy Services (tcs) and Infosys, collectively laid off 75,000 employees last year. The firms say this reduction, equivalent to about 4% of their combined workforce, has nothing to do with ai and reflects the broader slowdown in the tech sector. In reality, they say, ai is an opportunity, not a threat.

From India, Chennai
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