Wipro’s executive predicts rapid AI adoption will increase demand for software service providers, not reduce it. The $283 billion sector faces concerns that AI tools could disrupt the outsourcing model. AI is seen as an opportunity to create more jobs than it displaces and will require deeper collaboration with clients for an autonomous enterprise shift. World Economic Forum estimates suggest AI could create 170 million jobs globally while disrupting 92 million, with India’s IT sector needing skills in model training, data curation, and responsible AI. AI literacy will be a key differentiator for IT professionals, and Wipro expects AI to broaden service provider responsibilities like cloud computing did. The company still sees strong demand for young, AI-literate engineers, countering predictions of traditional staffing pyramid erosion. Partners who understand domain processes deeply will be crucial for companies transitioning to autonomous enterprises, shaping the next decade of technology spending. AI is expected to be a dominant force in driving business for the next one to two decades.

Read more at Yahoo Finance: Wipro executive says AI is an opportunity, not a threat