BREAKING
AI Fears Hit Indian IT, $22.5B Wiped
0
%
Nifty IT weekly drop
0
B
Indian IT value wiped
0
B
India IT industry size
The Trigger: Claude Cowork
1
Claude Cowork launch
↓
2
Plugins: finance, design
↓
3
Autonomous tasks
↓
4
Billable hours squeezed
Software-mageddon Goes Global
Indian IT
22.5
Global software
800
Analysts Split on the Threat
Bears
At risk
●
9-12% revenue lost to AI in 4 yrs
●
App services 40-70% of revenue
Bulls
Overdone
●
Huang: AI replacing software illogical
●
AI tools still at pilot stage
Resilience Still Being Tested
AI NEWS BLITZ
Indian software exporters are facing a prolonged selloff as AI disruption fears mount.