New Delhi, Feb 14 (IANS) Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, according to a new report by JP Morgan’s Asia Pacific Equity Research team. Instead of shrinking the industry, AI is expected to become another tool that helps companies deliver more work within the same budgets.In a note titled “India IT Services: Looking through the AI fog 2 — Discounted for extinction? Div/FCF yields at crisis levels,” JP Morgan said fears that AI could wipe…
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Washington, Jan 31 (IANS) Artificial intelligence is advancing so rapidly that national policy choices made in the next few years will determine economic growth, geopolitical power, and social stability, technology entrepreneur Romesh Wadhwani said.Delivering the keynote address at a major CSIS conference ahead of India’s upcoming AI Impact Summit, Wadhwani said AI is entering a new phase defined by autonomous “AI agents” capable of planning, executing, and learning with limited human over…