AI Shock Scenario In 2028 Paints Nightmare Risks For Infosys, TCS, Wipro: Citrini Research

A recent report by Citrini Research presents a hypothetical scenario titled "Macro Memo from June 2028," which envisions significant economic disruption driven by artificial intelligence (AI). The report describes a future where rapid automation leads to widespread layoffs in white-collar sectors, posing severe challenges for major Indian IT firms like Infosys, TCS, and Wipro. This alarming outlook highlights the potential consequences of unchecked AI integration in the workforce, warning that the pace of technological advancement could outstrip the ability of companies to adapt. As these firms rely heavily on human capital, the projection raises concerns about job security and the economic implications of such a transition. Industry experts stress the need for proactive measures, including reskilling and upskilling initiatives, to mitigate the impact of automation on employment. The findings serve as a wake-up call for stakeholders in the Indian IT industry, urging them to prepare for a future where AI could fundamentally reshape the job landscape and economic stability. This scenario underscores the importance of strategic planning and responsible AI deployment to safeguard jobs and maintain economic resilience in the face of rapid technological change.