Tech
GenAI productivity gains threaten up to 15% IT revenues: Motilal Oswal
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Generative artificial intelligence (GenAI) can put more than a tenth of current IT revenues under pressure as companies increasingly put the technology to use, brokerage firm Motilal Oswal said in a report.
Tech companies are employing GenAI across the process of application development and maintenance (ADM), especially in coding, testing, and debugging, according to the report. With 35-45% of IT revenues tied to ADM, even partial automation could pose significant troubles for the industry.
GenAI could automate 40-45% of ADM work hours, which could put…
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