AI agents threaten India's $250B IT services engine and 6 million jobs, column warns
nordicinst · x · 2026-10-08
Bloomberg Opinion's Andy Mukherjee draws a parallel between 18th-century Indian textile artisans displaced by spinning jennies and today's coders in Bengaluru and Hyderabad as autonomous AI agents erode the value of maintaining the world's business software. India's tech services sector is a $250 billion export engine supporting 6 million jobs. Human engineers will still be needed to supervise agent-written code, but that transition window won't stay open forever. Local politicians are courting cloud providers with land grants and subsidized solar to make India a source of cheap tokens, though data centers will create few new jobs.
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