Infosys and Tata Consultancy Services (TCS) are likely to weather the disruption caused by ChatGPT – a chatbot developed by OpenAI – better than peers, suggested analysts at JP Morgan in a recent report.
Generative artificial intelligence (AI) models such as ChatGPT, analysts at JP Morgan said, can potentially simplify coding and democratize access to a wider pool of talent, driving a new source of disruption. This, they said, can have a combination of headwinds and tailwinds for IT services firms.
Some key positives, JP Morgan believes, include a boost to productivity, widened employability, lower costs and creating a new