They won't go extinct right way. Their market share will reduce over time.

Interesting. They would go extinct eventually, just that it'll take more time. Is that what you are saying ?  
 More than 15 years

Business Analyst

Yes. Just a look at IBM so obsolete but yet they survived soo long.

Product Manager

From my experience, my guess is that project delivery times and Billings would reduce and AI becomes an enabler to provide a service instead of replacement.

Associate Product Manager

Smaller institution will be the first to get impacted

Basically with so much hype around AI could take away  so much of the software development market, what happens to companies like Infosys/Accenture/Thoughtworks in like a decade.

What happens to service/consultancy type companies in 10-15 years?

What happens to service/consultancy type companies in 10-15 years?- Grapevine

With some much advancement of AI, what happens to IT Services as a business in say 15 years.

Future of IT Services

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊

Layoffs everywhere?

Senior Consultant

Welcome to Indian Startups's Private Community

I am planning to shut down my IT services company after 5 years of operations. The journey has been bitter-sweet but it is becoming unsustainable and putting me under a great amount of duress.
I have been a trained ML engineer but since my startup have gone on to taking up mostly non-programming roles/ work.
I have tried getting back to development role but have not been able to get back in the same stride as I used to. Lately, I’ve been picking up some consulting work as a Software Architect.
Basis, that info, need some advice on how I can plan my professional journey ahead.

Need career advice

Founder

How bad is consulting going to get effected because of AI

We are seeing a lot of jobs being eaten by AI and the unemployment rate is getting higher and higher everyday. What would the future look like?

What is the Future of Jobs? What will the next 10 Years look like?

Product Marketing Manager

Welcome to News Discussion's Private Community

I feel at the pace AI is advancing, most of us will be unemployed. The uncertainty is making me anxious, any help appreciated :)

Anyone else feeling scared of AI induced unemployment ?

Welcome to Data Scientists's Private Community

currently I work in an ai consulting company (<40 folks) with 20+ lpa salary.
recently I got an offer from a big mnc bank for around 15% hike on my total ctc.
I informed my current org yesterday and they have countered me with a 20% hike now. 
I am confused on what to choose.
ps: I have ~5 yoe.

not sure what offer to take

Data Scientist

Welcome to Business Roles's Private Community

First MBB reduced bonus. Now EY is laying off US partners. Is something up with consulting in general?

Deals are not happening as it used to. Macros uncertainty is keeping clients on budget tightening. The pre-sales consultants are having hard time to convince the clients

Software Developer

Welcome to Software Engineers's Private Community

My fellow engineers this chatgpt may not replace but it will surely reduce no of Software engineer.

A project deadline was missed and project manager called team(10people) and infront of them he completed the project not alone but taking help of chatgpt and 4 of 10.
"So u see 6 can be replaced anyday" he told .

Your bro being intern was just mute spectator but inside fati to mere bhi thi.
So guys use chatgpt otherwise someone will replace u by using chatgpt

Chatgpt

Analyst

Welcome to Consulting's Private Community

Consulting companies are big winners of the AI boom as companies pour money into AI projects. 20% of BCG's revenue is now AI related while McKinsey is at 40%. Accenture made $300M last year while IBM did $1B in AI consulting revenue.

A dying flame burns brighter!!

Consultant

People who were affected just got emails. Orgs include Search, Cloud, Ads , Assistant,  Pixel, etc. Engg is affected

Big layoffs at Google!

Last I saw someone post that his Google Interview has started.  
  
 Guess, FAANG are showing their fangs.  
  
 Apple laid off subcontractors and not employees from what I read.

Software Engineer

Research Engineer

General question to all the folks who are in IT industry for more than 10 years. What do you think your career path in IT will be after the age of 50 years considering AI and Automation. 
Also as we move up the ladder the number of roles decreases significantly. 
For more experienced people switching different companies also becomes quite difficult. 
What is your backup plan for this?

Career in IT after the age of 50 Years

Welcome to Office Gossip's Private Community

So basically I'd prefer to work in an industry which would grow exponentially while I'm in my early 30s. Examples include web3, AI etc

In order to be there while the growth happens, I'm okay to risk it and grind while being an early adopter. What are some industries/professions you think meet this criteria?

Predict: Hottest Industry of 2030

Growth Manager

Welcome to IT Company Discussion's Private Community

Whay will be the future of software developers in India in the AI realm

Because AI will do it better and faster than you sooner or later. 

Looking at you consultants 👀

https://x.com/lennysan/status/1810686158201901488?t=2o5TlDoFMnuuAu2WmTwlZQ&s=19

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