TCS CEO says AI will not reduce jobs in India and the world

K Kritivasan, chief executive officer and managing director of Tata Consultancy Services (TCS), India's largest IT services company, said generative AI will not lead to overall job cuts.

The TCS CEO disputed the idea that generative AI would lead to job cuts, saying, “The world needs more tech talent, not less.'' “And India has a lot of talent.” A recent interview with the Financial Times.

“General Al’s ability to create new data and content is driving innovation across the sector. With a focus on seamless integration with current workflows through a ‘human-involved’ approach, we will We expect it to be widely adopted. ”

Regarding the impact of General Al, Kritivasan told the FT that the impact will be seen in the longer term rather than expecting to see benefits in the next two to three quarters. Despite the potential for change, Kritivasan argues against overestimating the immediate impact of generative al.

TCS' Al and genAl pipeline doubled to $900 million during the March quarter. During a recent earnings call, Krithivasan said that several Gen Al use cases are gradually moving into production.

He said Gen-Al has always been at the forefront of technology trends, with customers looking at proofs of concept for the efficiencies that can be achieved in application development, application maintenance and deployment automation. .

“The full benefits of Gen Al will take time to realize, and there are still significant challenges for businesses and society to address. These include managing the risks inherent in Gen Al, This includes education and upskilling, as well as rethinking core business processes. Customers are looking to scale out POCs and pilots by implementing the necessary guardrails,” said Kritivasan. This was stated at a recent financial results conference following the announcement of the fourth quarter results.

AWS partners to upskill 25,000 TCS employees with GenAl skills Amazon Web Services (AWS) recently announced a partnership with TCS to help upskill 25,000 of its employees with the latest cloud and GenAl skills. did. The multi-year partnership is aimed at accelerating cloud transformation and providing customers with access to GenAl Solutions, according to a statement.