The Register Home Page

back to article ‘AI deflation’ comes to India’s tech services giants and puts downward pressure on revenue

AI is beginning to make a dent in the business models of India’s big four technology services giants Infosys, HCL, TCS, and Wipro have all announced quarterly results in the last ten days, and all had mixed news. HCL, for example, told investors annual revenue grew 11.2 percent for FY 2026, and headcount rose almost two …

  1. MyffyW Silver badge

    Would you rather...

    I never thought I'd be misty eyed for the days of marshalling a team of several dozen people distributed across the Indian sub-continent. But the bleak AI future has done it. Despite my occasional misanthropic tendencies, it turns out I actually prefer human beings.

    1. Anonymous Coward
      Anonymous Coward

      Re: Would you rather...

      I think in the long run, the current generation of massive LLM hardware based AI won’t turn out to be cheaper than disposable people in Bangalore, Hyderabad, Mumbai, Chennai, and Pune … etc.

      Not great for (former IT, customer service, support and business process) people in outsourcing counties (USA, Canada, Europe) as opposed to the countries to be outsourced to (India, Philippines).

  2. druck Silver badge

    AI vs AI

    AI slop code in some cases might be better than AI (Actual Indian) cut'n'paste spaghetti, but it's sure as hell not going to be cheaper once they have to start paying the real cost of tokens.

  3. nematoad

    What?

    ...autonomous quadruped-based inspection systems,

    Sniffer dogs?

  4. Random as if ! Bronze badge

    Hello... Hello.. Hello....

    Yep, that's a human, AI cannot do that yet!

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon