Raghuram Rajan, former Reserve Bank of India governor, said in a Bloomberg interview on Feb. 27, 2026, that artificial intelligence will disrupt India’s services sector—particularly software firms—though predictions of a doomsday scenario are exaggerated. He said adoption outside the technological frontier will be gradual, urged rapid reskilling and training, and recommended investing in education and R&D rather than costly chip subsidies.
Key Points
- 1States AI will disrupt India's software and services sector, particularly routine coding and support jobs.
- 2Explains disruption will be gradual because global adoption outside technological frontier takes substantially longer.
- 3Advises rapid reskilling, training and R&D investment; India retains cost and skill advantages.
Scoring Rationale
High industry relevance and authoritative commentator, but limited novelty and few practical implementation details for firms.
Sources
Public references used for this report.
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