AI driving productivity gains, creating new opportunities in IT, say Infosys and HCLTech CEOs

Infosys CEO Salil Parekh and HCLTech CEO C Vijayakumar, in an exclusive interaction with CNBC-TV18 at a NASSCOM event, discussed how artificial intelligence (AI) is enhancing efficiency, reducing human effort in certain areas, and creating new opportunities through reskilling and emerging roles.

Parekh highlighted that AI-driven advancements in software development are boosting productivity by 7% to 15%. However, AI is not just about efficiency. “We also see new work. There is new work in credit analysis we are doing with a client, which we would…