Due to AI, the majority of outsourced programmers will soon disappear in India, says the CEO of Stability AI

Most of the outsourced programmers in India will lose their jobs in the next year or two. This was stated by the CEO of Stability AI Emad Mostaque, writes CNBC.

In a conversation with UBS analysts, he explained his opinion with the consequences of the emergence of artificial intelligence, because now software can be developed with the help of a much smaller number of people.

However, this impact will not be the same everywhere. For example, countries with stricter labor laws, such as France, will be less prone to it.

According to a Bloomberg report, there are more than 5 million programmers working in India who are most at risk of being affected by advanced AI tools like ChatGPT. Silicon Valley tech giants, Wall Street banks, airlines and retailers are all clients of Indian outsourcing firms.

It was previously reported that artificial intelligence has potential to automate 40% of the average working day. This is evidenced by the results of a survey by the research company Valoir. And according to the results of the Resume Builder survey, by 2024, 43% of companies plan to start or already use artificial intelligence (AI) to conduct job interviews.