Anand Mahindra dismisses AI as the “death” of IT services: “I believe that the rumours…”

Tech Mahindra chairman Anand Mahindra has said that contrary to the belief that artificial intelligence (AI) will ‘kill’ IT services, the technology will be a force for positive change in the industry. He added that under its new leadership, the tech company is on course to “leap into this new orbit”.
“I believe that the rumours that the advent of AI will be the death of IT services, are grossly exaggerated,” Mahindra said in his letter to shareholders in the company’s annual report for FY24, as per Moneycontrol.