Media: The Indian IT index recently fell by 6.3%, mainly affected by the launch of a new tool by Anthropic company.
The tool aims to automate tasks such as legal, sales, marketing, and data analysis through AI, further intensifying the impact of AI on the data and professional services industries. Anthropic's Claude Cowork agent program reduces reliance on large teams, thereby lowering billable hours and profit margins. The Indian IT industry, which relies heavily on a labor-intensive model, is facing significant challenges.
Analysts pointed out that with the penetration of AI, the basic tasks that Indian IT companies rely on will be automated, possibly threatening junior positions. This decline is the largest since 2020, reflecting the market's deep concerns about AI-driven changes.
Original: toutiao.com/article/1856183429948419/
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