{"id":"f-80ae245e0c-f8596f75-b7d2-54b2-b6e2-1fe6d4d6110b","title":"AI Will Enhance, Not Replace SaaS And IT Firms: Anthropic Founder Dario Amodei","description":"Dario Amodei of Anthropic urges AI as an enhancement for Indian IT firms, not a threat. Amid global panic, Nifty IT index hit a 52-week low.","timestamp":0,"category":"technology","headline":"AI Will Enhance, Not Replace SaaS And IT Firms: Anthropic Founder Dario Amodei","modifiedHeadline":"AI Will Enhance IT, Not Replace: Anthropic","subCategories":["scid_b7e786a9"],"region":"IN","bundleMetaData":{"bundleId":"c35cfc57-1bba-4539-a24c-695ea99ac023","bundleTitle":"Mastering AI","cardData":null},"iabCategoryId":"597","fcSummary":"anthropic's ceo, dario amodei, dismisses fears of ai replacing saas and it services, framing it as an enhancement tool. he emphasizes collaboration with indian companies to integrate ai, leveraging their local market expertise and client relationships. ai is expected to strengthen existing capabilities rather than disrupt them, despite recent market anxieties and significant losses in it sector market capitalization.","summary":"Anthropic founder Amodei says AI will enhance, not replace Indian IT firms. Nifty IT index hits 52-week low amid global AI disruption fears.","ctaUrl":"https://trends.glance.com/newz/news/IN/en/news18/f-80ae245e0c-f8596f75-b7d2-54b2-b6e2-1fe6d4d6110b","sourceUrl":"https://www.news18.com/business/economy/ai-will-enhance-not-replace-saas-and-it-firms-anthropic-founder-dario-amodei-ws-l-9927364.html","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/TsO9n3tZdAW0.webp","content":"

Dario Amodei, founder and CEO of Anthropic, has pushed back against fears that artificial intelligence could replace SaaS and IT services companies, saying AI should be seen as an enhancement tool rather

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than a disruption threat.

Speaking on the WTF is with Nikhil Kamath podcast, Amodei said Anthropic wants to work closely with Indian companies to integrate AI into their existing offerings.

“We want to work with companies in India to provide our tools to them, and help them build those tools and do their jobs better,” he said.

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Amodei stressed that Indian firms understand the local market far better than any global AI company. Whether it is consulting, system integration, or building IT tools, domestic firms bring deep client relationships and sector-specific expertise.

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“Our hope is that we can add AI to what they do and enhance it,” he said, adding that AI can strengthen companies’ go-to-market capabilities and sharpen their domain knowledge.

Amodei’s comments came amidst the growing concern globally that advanced AI systems could replace traditional SaaS platforms, consulting firms, or IT service providers.

Anthropic’s new tools have recently sent shockwaves globally, leading to panic selling in major technology stocks.

Even in India, stocks of IT companies are witnessing a heavy panic selling, with many of them retreating sharply in February.

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The Nifty IT index plunged 3.5 percent to hit a fresh 52-week low of 30,417.75 on Tuesday, pushing the month-to-date decline to about 20 percent. According to Capitaline data, the IT sector has lost roughly Rs 5.05 lakh crore in market capitalisation since the recent correction began.

All constituents of the index traded in the red, with losses reaching as high as 4 percent. Shares of Persistent Systems, HCL Technologies and Coforge were among the biggest laggards, each falling more than 4 percent. Meanwhile, Infosys declined 3.7 percent, Tata Consultancy Services (TCS) fell 3.5 percent, and Wipro slipped 2.9 percent.

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Amid persistent fears of AI-led disruption, IT stocks have declined by as much as 24 percent over the past month.

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AI Will Enhance, Not Replace SaaS And IT Firms: Anthropic Founder Dario Amodei

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