AI Revolution: Indian IT Faces Uncertain Future
When a decision creates an earthquake-like atmosphere in the entire technology sector, it becomes necessary to delve into the root of that decision. The renowned American investment bank Goldman Sachs has included an AI software engineer named 'Devin' in its team, and its direct impact will be on global employment opportunities – and particularly, the consequences for Indian IT youth are likely to be more severe.
AI Engineer: Tireless, Unyielding, Unerring!
'Devin' is not just an AI software, but a robot that works like a new employee. It can perform many routine tasks such as coding, bug fixing, updating, testing tirelessly for 24 hours. It doesn't need a vacation, doesn't demand a raise, and doesn't make human errors. This change has been seriously noted by Goldman Sachs' CIO Marco Argenti, who has clearly stated that AI automated coders like 'Devin' can increase the company's efficiency by 3 to 4 times.
Is the 'factory' of coding coming to an end?
Every year, millions of engineers in India pursue education with the hope of coding. The foundation of their studies, efforts, and career dreams is based on the job of 'software development'. However, if such jobs are now being transferred to artificial intelligence, the possibility of the employment door narrowing for entry-level engineers cannot be denied.
According to a report by Bloomberg Intelligence, 200,000 jobs in the banking sector could disappear due to AI in the next 3 to 5 years. This number is not limited to just the USA or Europe, but there is a fear that Indian youth will be most affected.
Opportunity or Crisis?
The advent of AI can be an opportunity or a crisis, depending entirely on us. Young people who equip themselves with high skills in this wave of change, and embrace new technologies like AI, ML, Data Science, Cyber Security, Blockchain, can find this to be a golden opportunity. However, those who rely solely on old methods of coding may face obstacles in their careers.
Warning Bell for the Indian IT Sector
Today, India is the largest IT service provider country in the world. Thousands of projects of companies like TCS, Infosys, Wipro, HCL are based on coding and software development. If the use of AI starts on a large scale, the recruitment patterns of these companies may change, entry-level jobs may decrease, and competition for new candidates may become more intense.
Change can no longer be stopped!
Goldman Sachs' 'Devin' decision marks the beginning of a new era. This change cannot be stopped, but it can be prepared for. There is now a need for radical improvements in the Indian IT education system, to equip young people with new skills, and to enable them to perform creative, analytical, and complex tasks. If India does not respond to this in time, AI models like 'Devin' can impact not just jobs, but the hopes, aspirations, and dreams of an entire generation.