TCS CEO K Krithivasan has dismissed concerns that large language models will replace enterprise software, calling it a far-fetched thing. Banks, retailers and telecom companies sit on complex decades-old systems that cannot be simply replaced by a chatbot upgrade. The comments come amid a global selloff in software stocks triggered by AI advancements that wiped out billions in market value. https://timesofindia.indiatimes.com/technology/tech-news/tcs-ceo-on-the-ai-worry-and-anxiety-that-has-wiped-billions-from-stock-markets-globally-says-it-is-a-/articleshow/129248177.cms #India #Tech #AI #TCS

TCS CEO on the ‘AI worry and anxiety’ that has wiped billions from stock markets globally, says: It is a … - The Times of India
Tech News News: Tata Consultancy Services CEO K Krithivasan has pushed back on the AI-fuelled panic sweeping through global software stocks, calling the notion that l.