Capgemini CEO has a message for skeptical investors: AI is a catalyst, not a killer

Core Viewpoint - Capgemini shares have declined by 25% this year, leading to a significant drop in its price-to-earnings ratio to single digits, raising concerns among investors regarding the impact of artificial intelligence on the technology consulting sector [1] Company Summary - The decline in Capgemini's share value reflects broader investor apprehensions about the potential disruptions caused by artificial intelligence within the technology consulting industry [1] - The current price-to-earnings ratio of Capgemini is now in single digits, indicating a potential undervaluation or market skepticism about future earnings growth [1] Industry Summary - The technology consulting industry is facing increased scrutiny as investors evaluate the implications of artificial intelligence on traditional business models and revenue streams [1] - The significant drop in share prices across the sector may signal a shift in investor sentiment, with a focus on how companies adapt to technological advancements [1]