New Delhi, Feb. 26 -- Big Tech's acceleration of Agentic AI hangs like a sword of Damocles over traditional IT services. Consequently, global tech and Indian IT stocks lurch between optimism and unease as investors weigh the impact of these artificial intelligence (AI) tools on a services model built largely on billing human effort.

The debate has moved beyond incremental automation to deeper concern over AI agents that can generate code, test applications and manage infrastructure. If enterprises trust them at scale, the base of the IT pyramid would shrink, leaving junior coders, testers and maintenance staff adrift.

Revenue growth would slow, margins tighten and entry-level hiring thin out. Equity markets have taken fright. Citrini Re...