6 Plan for success, not scarcity The poten�al impact of AI on jobs and the workforce is a complex and sensi�ve topic that has garnered significant a�en�on in recent years. The study found that senior business execu�ves are divided in their opinions on the ways AI will affect jobs. This split in opinion reflects the ongoing debate surrounding AI's impact on employment. TCS’ perspec�ve is that the impact of AI will largely depend on how it is implemented by companies. When AI is implemented to expand revenue, opportunity, and innova�on, it has the poten�al to create new jobs and enhance human capabili�es. The study found that among the more successful companies across industries, 4 out of 5 say they are more focused on using AI for innova�on and revenue growth, with lower performing companies almost two �mes more likely to be focused on cu�ng costs. Where execu�ves expect AI to increase or hold steady the number of jobs: Healthcare Banking, Financial Manufacturing Technology Services & Insurance TCS AI for Business Study Key Findings Report 45