TCS boss Krithivasan: Unafraid of GenAI, unwilling to say the worst is past

livemint.com:

ChatGPT in November 2022, doomsayers have argued that Generative AI will ring a death knell for the industry as it makes much of the work redundant. Krithivasan dismissed these fears. "As Roy Amara mentioned, we tend to overestimate the effect of a technology in the short run and underestimate the impact in the long run.

Because of this, we typically go through the hype cycle. ChatGPT created a lot of early interest. But people are slowly realizing that it is most useful for a class of problems.

People are realizing that it will not take away all the jobs—Humans would be required," said Krithivasan. Amara was an influential American scientist and futurist who worked at the Stanford Research Institute. "At the same time, we realize that unlike some of the technologies in the past like Blockchain, GenAI has a much larger impact.

We believe many areas (In the IT services space) will gradually change. 30-35 years ago, when I started as a young engineer, almost all of the coding was in the mainframe. Today, 10% is in mainframe while 90% is in new technologies.

Even the 10% coding we do in the mainframe differs from what we used to 30 years ago. Now, every time you code, you get help from IDEs (integrated development environment or IDE is a software application that helps programmers develop software code efficiently). Ten years from now, the way we do coding now will be different.