TCS CEO speaks on ‘AI worry and anxiety’ that has wiped billions from stock markets globally

2026-03-08 - 03:33

Global software stocks experienced an $830 billion wipeout following the launch of AI plugins, sparking fears of obsolescence. However, tech leaders like TCS CEO K Krithivasan push back, arguing complex enterprise systems won't be replaced by chatbots. Wall Street is repricing the sector, questioning if AI will hollow out or enhance software companies.