TCS Chairman Predicts AI Agents Equal Employees in 3 Years

The chairman of Tata Consultancy Services (TCS) has predicted the company will have as many artificial intelligence agents as human employees within the next three years, framing the technology as the industry's most significant growth opportunity rather than a threat. N. Chandrasekaran, who is also chairman of Tata Sons, made the statement on Tuesday, June 9, 2026, during the IT services giant's 31st Annual General Meeting.

Chandrasekaran said the transformation is already underway, revealing that TCS had annualized AI revenues of $2.4 billion in the last quarter of fiscal year 2026, growing at a compound quarterly growth rate of 22.4 percent. He argued that AI will expand the total enterprise IT market, which he said is currently valued at around $1.6 trillion and is forecast to reach $3 trillion within the next decade.

Addressing investor concerns that AI could disrupt India's labor-intensive IT sector, Chandrasekaran stated the technology is not a "mortal threat" but an opportunity to widen the market. He said organizations that previously did not rely on IT services are now seeking expertise to integrate AI, and that while AI will automate some tasks and reduce hiring...