AI doomsday scenario? Ex-RBI Guv Raghuram Rajan says India’s services sector will be disrupted, not derail

Artificial intelligence poses headwinds for India's software sector, but former RBI Governor Raghuram Rajan says AI will drive an adjustment rather than spell disaster. He calls for rapid reskilling and agile adaptation. While routine, low-value tasks are vulnerable, AI also opens new opportunities and business models. India's cost advantage and skilled workforce remain core strengths.