OpenAI may have just fired a ‘warning shot’ at Indian IT companies’ revenue model, says analyst note; but there’s also …
ChatGPT maker OpenAI’s recent launch of GPT-5, the latest and most advanced version of ChatGPT, could pose a significant challenge to India’s $283 billion IT services industry. According to a report in Economic Times, quoting Kotak Institutional Equities report, the adoption of generative AI, bolstered by GPT-5’s enhanced coding capabilities, may lead to a 2-3% revenue decline for Indian IT companies over the next 2-3 years, impacting both software services and customer service outsourcing sectors. The Indian IT industry, heavily reliant on large-scale software coder hiring, is already grappling with AI-driven disruptions.
