AI-powered coding could boost global GDP by $1.5T by 2030, say researchers. GitHub Copilot is revolutionizing software development. AI CodingFuture 🌐💻🚀
Back in October 2021, developers on the GitHub software development platform were given access to an exotic AI tool called Copilot. Created in association with OpenAI, the company behind ChatGPT, Copilot uses the same generative AI technology to produce computer code on request, rather than text.
Now we get an answer thanks to the work of Thomas Dohmke at Github, Marco Iansiti at Harvard Business School and Greg Richards at Keystone.AI who have measured how developers are using Copilot. Their conclusion is that the AI-powered coding is producing a sea change in the software industry that is set to turbocharge global GDP by over $1.5 trillion by 2030.
Copilot is powered by the same Generative Pre-Trained Transformer technology behind ChatGPT. But instead of generating text, it produces code. As such, it has the potential to significantly influence software production. The pattern of use is interesting too. Dohmke and co say that the productivity impact increases over time and that the benefits are greatest for less experienced developers. That is consistent with other work suggesting that less experienced workers benefit most from AI assistants because they have the most to learn.
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