AI reworks the markets maths

The AI midas touch has transformed the fortunes of so-far underdogs like Nvidia redrawing valuations across the tech landscape. While Big Tech continues to surge, traditional IT services and consulting majors are feeling the heat as automation disrupts their outsourcing models. SaaS firms, caught in transition are racing to stay relevant as AI agents threaten their foundations. ETtech Himanshi Lohchab tracks annual stock price changes to chart AI’s dual role of a growth engine and as a disruptor, amid increasing fears of an AI bubbIe. ETtech IT’s facing strainTraditional outsourcing models built on large delivery teams and time-based billing are under strain as the software development lifecycle is fast getting automated.