Nandan Nilekani Calls AI Job-Loss Fears 'Hogwash', Advocates Transformation for IT Sector, ETCIO

Nandan Nilekani Calls AI Job-Loss Fears 'Hogwash', Advocates Transformation for IT Sector, ETCIO
摘要: Artificial Intelligence
2 min read
AI job-loss fears for IT firms 'hogwash', disaster marketing by large capital: Nandan Nilekani
Speaking at the B
正文
Artificial Intelligence
2 min read
AI job-loss fears for IT firms 'hogwash', disaster marketing by large capital: Nandan Nilekani
Speaking at the Bloomberg New Economy Forum 2026, Nilekani responded to IMF Managing Director Kristalina Georgieva's description of AI as a "slow-moving tsunami" that could wipe out demand for many workers by taking over routine tasks.
Published On Oct 13, 2026 at 05:19 PM IST
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Nilekani said AI would require firms like Infosys to show companies how to carry out such transformations
New Delhi,
co-founder
Nandan Nilekani
on Tuesday dismissed fears that artificial intelligence would wipe out jobs in India's IT services sector as "hogwash" and "disaster marketing to suit the interests of large capital", saying demand for such firms is higher than ever.
Speaking at the Bloomberg New Economy Forum 2026, Nilekani responded to IMF Managing Director Kristalina Georgieva's description of AI as a "slow-moving tsunami" that could wipe out demand for many workers by taking over routine tasks.
"I think this is all disaster marketing to suit the interests of large capital. The fact of the matter is that the requirement for companies like Infosys or others is actually more than ever before because the transformation of enterprise is a very complex activity and AI requires you to fundamentally reimagine the way you do business. It's a root-and-branch surgery that is required," he said.
Nilekani said AI would require firms like Infosys to show companies how to carry out such transformations.
"I think we are going to see only more work coming our way," he said. He added that companies would have to transform themselves, reskill their workers, and build new capabilities.
"The capacity of
AI technology
is far ahead of its deployment," Nilekani said.
He pointed out that cloud computin