The Economic Times

No funeral, but baptism by fire for IT industry: There will be a bloodbath, and smaller human cores supervising fleets of AI agents will take over

Artificial intelligence is transforming the IT sector. Experts predict AI will automate many coding tasks, changing the role of software engineers. This shift impacts IT services companies, especially in India. Business models are moving from paying for people to paying for results. New AI-powered companies will emerge, focusing on delivering specific outcomes.