LTIMindtree CEO: AI Panic Exaggerated, Foresees Net Positive Growth

• Venu Lambu, MD & CEO of LTM Limited, dismisses fears of AI causing a structural slowdown in IT.
• Lambu states AI will reshape services but doesn't pose a long-term threat to the sector.
• Acknowledges near-term revenue adjustments due to AI-driven productivity gains shared with clients.
• Highlights new opportunities in building AI-driven capabilities, platforms, and tools for clients.
• Notes a lag between AI advancement and enterprise adoption, creating a buffer for service providers.