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How AI Will Disrupt Outsourced Work
AI startups are poised to disrupt the $300 billion business process outsourcing (BPO) industry, as advances in language models and voice technology enable automation of tasks traditionally handled by human workers. The BPO market, which reached $300 billion in 2024 and is projected to hit $525 bil...
AI startups are poised to disrupt the $300 billion business process outsourcing (BPO) industry, as advances in language models and voice technology enable automation of tasks traditionally handled by human workers.The BPO market, which reached $300 billion in 2024 and is projected to hit $525 billion by 2030, faces mounting pressure from AI companies offering faster, more scalable alternatives to manual processing of customer support, IT services and financial claims, venture capital firm a16z wrote in a thesis post. Early AI implementations have shown promising results, with customer service startup Decagon reporting 80% resolution rates and improved satisfaction scores. The shift threatens traditional BPO companies like Cognizant, Infosys and Wipro, which reported revenues between $10-20 billion in their latest fiscal years.
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