Programmers using AI tools to boost global GDP by over $1.5 trn: Study

Artificial intelligence will help global economy and create demand for software developers, says GitHub

Artificial intelligence
Artificial intelligence
Sourabh Lele New Delhi
3 min read Last Updated : Jun 28 2023 | 3:12 PM IST
The productivity of software developers working with artificial intelligence (AI) is likely to boost global gross domestic product (GDP) by more than $1.5 trillion by 2030, said a study on Wednesday.
 
GitHub, the programming collaboration platform, said its AI-powered coding assistant is used by more than one million developers and adopted by over 20,000 organizations. GitHub Copilot has generated over three billion accepted lines of code to make it the world’s most widely adopted AI developer tool, the company said.

Its report said that users accept nearly 30 per cent of code Copilot suggestions within the first year of use and find productivity improving later. The study is based on the analysis of 934,533 Copilot users.

There will be 45 million professional developers by 2030 and generative AI developer tools could bring in the productivity of an additional 15 million “effective developers”, said the report. Generative AI refers to a type of artificial intelligence that can create new content, such as text, images, or audio, by learning patterns from existing data.

"GitHub found that over time, the acceptance rate steadily increased as developers became more familiar with the tool," GitHub said in a press statement.

Also Read: Generative AI to flexi batteries: Here's WEF's list of top 10 emerging tech

“The economic impact of generative AI over the next decade will be profound—and we’re already seeing large-scale adoption of AI coding tools like GitHub Copilot by developers and companies. In a recent survey, 92 per cent of developers said they use AI tools both in and outside of work, which underscores how quickly these tools are redefining the overall developer experience," said Thomas Dohmke, GitHub’s chief executive officer (CEO):

GitHub’s study found that less experienced developers have an advantage with tools like Copilot, corroborating the company’s previous research on the impact of AI on developer productivity. As developers use tools like Copilot, they will become fluent in using AI in writing software. This will democratise software development, help close the labour gap, and make AI programming tools part of the standard developer education experience.

“What we draw from all this is that generative AI is turbocharging developer productivity with gains that will ultimately drive a boom in GDP for the global economy and, in turn, a surge in demand for software developers. We’ve seen this throughout the history of developer tool innovations from compilers to open source, and we’re already seeing that again with GitHub Copilot and soon GitHub Copilot X. One year later, we’ve realized this collision of AI and the software developer will not lead to a decrease in developer jobs—it will lead to AI augmenting developer potential and accelerating human progress,” said Dohmke.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Artificial intelligenceGDPTechnologysoftware developersGlobal economy

First Published: Jun 28 2023 | 3:12 PM IST

Next Story