‘AI not an existential threat’: PPFAS CIO Rajeev Thakkar explains why IT Services & Cybersecurity will benefit
The India IT sector is facing AI-led fear. Is the fear real and should the investors be concerned about this? Rajeev Thakkar, Chief Investment Officer and Director at Parag Parikh Financial Advisory Services (PPFAS) believes it is “largely overblown at the aggregate level”
In the latest note to unitholders, Thakkar said, artificial intelligence is likely to transform the way work gets done, but it may not pose an existential threat to the IT services industry.
