From excitement to economics

Tata Consultancy Services reporting $1.5 billion in annual AI revenues demonstrates that AI is moving from pure hype to a revenue- generating reality for the IT services sector. It provides investors with clear visibility into a high-growth segment. Over the coming quarters, other IT firms will be compelled to quantify AI-led impact — not just in terms of revenue, but through tangible gains for clients. Experts discuss the shift in the IT industry.

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ARTIFICIAL INTELLIGENCE HAS spent the last few years oscillating between two extremes: fear and fascination.

Anxiety about displacement, opacity and loss of control sits alongside uncritical excitement about exponential gains and limitless possibility.

What we are seeing now is a necessary correction, moving away from emotional extremes toward economic reality.