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VIJAY PANJWANI

Learning is a key to... • 1m

Is the $250B Indian IT party over? Jensen Huang’s GTC 2026 keynote just dropped a bombshell: SaaS is becoming AaaS (Agent as a Service). Here is why TCS, Infosys, and Wipro should be worried: The "Pilot" Problem: Indian IT was built on selling "pilots" (humans) to fly the "planes" (software like Salesforce). AaaS = Self-Flying Planes: In the AaaS model, AI agents deploy, integrate, and fix themselves. The client doesn't need to hire a team to run the software. The Vanishing Call: Previous tech waves (Cloud, RPA) added complexity, creating more work for India. AaaS removes the reason to call an IT firm at all. Pyramid Collapse: Indian IT relies on thousands of "executors" at the bottom of the pyramid. AI agents are perfect at exactly that work. The base of the business model is falling away. The Bottom Line:"AI-first" isn't enough if you still have 500,000 employees doing work a $20/month agent can do. Is this the end of labor arbitrage, or can the giants pivot in time?

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