3min chapter

Moody's Talks - Emerging Markets Decoded cover image

Is India the next emerging market powerhouse?

Moody's Talks - Emerging Markets Decoded

CHAPTER

The Threat of AI and AI Tools for India's Traditional Growth Drivers

Kastav: How much of a threat do you think AI and these types of tools are for India's traditional drivers of growth? Well, Scott changes the only constant, right? And what better sector would depict that than IT services? IT transformation has happened before, and leading IT services companies have used such opportunities as a springboard to widen their product and service offering in the past. Kastav: Over time, I think the increasing prevalence of AI and the development of models such as chat GPT would result in recalibration of tasks, perhaps, that could be outsourced.

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