logo
GitHub CEO calls out AI panic, explains why the idea of coding skills becoming obsolete is 'mistaken'

GitHub CEO calls out AI panic, explains why the idea of coding skills becoming obsolete is 'mistaken'

Economic Times7 hours ago
Synopsis
AI won't steal your developer job, it'll multiply your value, says GitHub CEO Thomas Dohmke. He believes AI enhances productivity, enabling companies to scale faster and pursue more ambitious goals. Dohmke dismissed the myth that AI alone can build businesses, stressing that deep coding expertise remains essential in this new era of accelerated innovation.
Agencies GitHub CEO Thomas Dohmke has reassured developers that AI is not replacing them, but enhancing their impact. In a recent podcast, he said companies that understand AI's power will hire more engineers, not fewer. (Images: X, iStock) As the global workforce continues to grapple with fears of job loss in the age of artificial intelligence, GitHub CEO Thomas Dohmke is offering a reassuring and compelling perspective: AI is not here to replace developers — it's here to supercharge them. In a recent podcast interview, Dohmke made it clear that companies with a smart vision for the future will not be slashing tech jobs, but rather expanding their engineering teams to take full advantage of AI's power. 'The companies that are the smartest are going to hire more developers,' he said. 'Because if you 10x a single developer, then 10 developers can do 100x.' His arithmetic is simple — and optimistic: artificial intelligence is not a subtractive force, but a multiplier.
According to Dohmke, AI tools like GitHub Copilot are creating a sea change in how developers work. They're reducing grunt work, helping engineers prototype faster, and allowing more creative room for solving complex problems. But despite this automation, Dohmke emphasized that technical expertise remains irreplaceable. He debunked the growing myth that AI alone can spawn billion-dollar businesses without human coding knowledge. 'The idea that AI without any coding skills lets you just build a billion-dollar business is mistaken,' Dohmke said. 'Because if that were the case, everyone would do it.' His message: AI is a remarkable tool, not a magic wand. Interestingly, rather than decreasing workload, AI is generating even more. By increasing the speed and capability of development teams, AI allows businesses to chase more ambitious goals that were previously sidelined due to complexity or time constraints. This hasn't led to empty chairs in engineering departments — quite the opposite. Dohmke noted that developer backlogs haven't disappeared. Instead, AI has unlocked the capacity to do more, not less.
He sees the current wave of layoffs and hiring freezes across the tech industry as temporary — a brief pause while companies recalibrate for the coming AI-powered surge. Calling this the 'most exciting time' to be a developer, Dohmke described how AI is finally making it possible to turn casual Sunday morning ideas into working mobile apps by Sunday night — a long-standing dream for many in tech. It's a world where AI assists in translating creativity into reality faster, but doesn't eliminate the need for the human behind the machine. As the head of GitHub, a platform at the heart of modern software development, Dohmke's words carry weight. His vision offers comfort for developers worried about obsolescence and sets a tone for a future in which man and machine work not in opposition, but in powerful, exponential collaboration.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CoreWeave joins data centre race: Nvidia-backed cloud computing firm set to buy Core Scientific for $9 billion
CoreWeave joins data centre race: Nvidia-backed cloud computing firm set to buy Core Scientific for $9 billion

Mint

time2 hours ago

  • Mint

CoreWeave joins data centre race: Nvidia-backed cloud computing firm set to buy Core Scientific for $9 billion

CoreWeave announced on Monday that it has decided to buy Core Scientific, a crypto mining firm in an all-stock deal valued at $9 billion. The cloud computing platform is following the trend of AI infrastructure firms racing to secure energy and data centre capacity needed to power surging demand. The core of the deal lies in the urgent need of AI companies to expand their computing infrastructure, Reuters reported. Amidst this growing demand, bitcoin miners' energy-intensive sites and power contracts, built during the crypto boom gained traction. The deal will immediately eliminate more than $10 billion of cumulative future lease overhead to be paid for existing contractual sites over the next 12 years, CoreWeave said. The offer values Core Scientific at $20.40 per share, representing a premium of around 66 per cent compared to the stock's closing price before reports of the deal emerged in late June. Core Scientific stockholders will receive 0.1235 newly issued CoreWeave stock for each share they hold. Following the announcement, Core Scientific's shares saw a steep drop of 22 per cent in morning trading, while Nvidia-backed CoreWeave was last down 4.5 per cent. The deal is expected to close in the fourth quarter of this year, with the final price to be determined at that time. Bitcoin miners have moved beyond their traditional area of cryptocurrency, tapping into the AI boom by leasing power and data center space to meet rising demand from AI workloads. This acquisition is expected to set the bar for bitcoin miners looking for an opportunity of shifting to AI, Bernstein analyst Gautam Chhugani told Reuters, adding that power remains the biggest hurdle in AI data center expansion. CoreWeave was originally founded as an Ethereum-focused crypto miner in 2017. However, the firm pivoted to AI a few years later. It closed its mining business after "The Merge", Ethereum's 2022 upgrade, reduced rewards for miners. CoreWeave's revenue has grown quickly, climbing more than eight-fold last year, according to the news agency. The deal also marks a turnaround opportunity for Core Scientific, which filed for bankruptcy in late 2022 following a steep drop in bitcoin prices and rising energy costs. The company emerged from bankruptcy in early 2024 and, like several other bitcoin miners, has been seeking a way to capitalise on the AI boom. Core Scientific initially declined the takeover offer from CoreWeave in June 2024, citing that it was significantly undervalued. The two companies later signed a series of 12-year contracts, including one under which Core Scientific agreed to provide CoreWeave with about 200 MW of infrastructure to charge its high-performance computing services. CoreWeave, advised by Goldman Sachs, provides access to data centres and Nvidia-powered AI chips, with a current market value of about $79 billion, according to data compiled by Reuters.

Nand Nagri flyover's opening to coincide with PM's birthday
Nand Nagri flyover's opening to coincide with PM's birthday

Time of India

time3 hours ago

  • Time of India

Nand Nagri flyover's opening to coincide with PM's birthday

New Delhi: The PWD plans to inaugurate the Nand Nagri flyover in Sept to coincide with Prime Minister Narendra Modi's birthday. The elevated corridor, from the Mandoli prison complex, connects to Gagan Cinema, situated along Mangal Pandey Marg. PWD minister Parvesh Verma said all efforts were being made to complete the project on time. "The department aims to inaugurate the flyover around Sept 16–17, aligning with Prime Minister Narendra Modi's birthday," he said. Once the flyover is operational, Nand Nagri and Gagan Cinema junctions will become signal-free, easing congestion in the area and improving connectivity across northeast Delhi. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi Verma conducted an inspection of the Nand Nagri T-junction flyover on Monday, which forms a critical segment of the larger plan to make the Wazirabad Road (Mangal Pandey Marg) completely signal-free from Signature Bridge to the Ghaziabad border. He was accompanied by North East Delhi MP Manoj Tiwari and deputy speaker Mohan Singh Bisht. The flyover, in one of Delhi's busiest corridors, is in the final stage of construction. The 6–7km stretch of Wazirabad Road has long seen multiple traffic cuts and uncontrolled junctions. To resolve this, Delhi govt undertook a two-part flyover project — a 1.3 km double-decker flyover by Delhi Metro Rail Corporation (DMRC) and another 1.4km single-pillar flyover, including the Nand Nagri T-Junction, executed by PWD Delhi. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AI is helping small businesses increase productivity. Insider Learn More Undo Once complete, the corridor will be signal-free, ensuring seamless vehicular movement between Delhi and Uttar Pradesh and reducing travel time for thousands of daily commuters. The project faced delays due to pending clearance to cut 27 trees, primarily around a 240-meter ramp near Mandoli Jail. "With environmental permissions now granted, the final phase has resumed," said a senior official. The 1.5-km flyover will have six lanes, and six U-turns. The first will be constructed near Nand Nagari police station, followed by two back-to-back U-turns, which will be 500 metres ahead of the turn near the police station. Another set of back-to-back U-turns have been proposed near the Gagan Cinema bus stop, and another after the Gagan Cinema junction.

Sebi study flags high-risk trading trend: 91% individual traders posted net losses in FY25, turnover dips after Oct 2024 curbs, but volumes still high vs two years ago
Sebi study flags high-risk trading trend: 91% individual traders posted net losses in FY25, turnover dips after Oct 2024 curbs, but volumes still high vs two years ago

Time of India

time3 hours ago

  • Time of India

Sebi study flags high-risk trading trend: 91% individual traders posted net losses in FY25, turnover dips after Oct 2024 curbs, but volumes still high vs two years ago

The frenzy in India's equity derivatives markets has continued to punish small investors, with 91% of individual traders losing money during the financial year 2024–25, according to a new Sebi report released on Monday. This high failure rate comes despite regulatory efforts to rein in speculative activity. Sebi's own data shows that October 2024's reforms, aimed at curbing retail exposure to index options, have not yet translated into meaningful protection for most traders, according to ANI. 'India continues to witness unusually high retail participation in equity derivatives, particularly index options, when compared with global markets,' the regulator noted. The study, which reviewed investor behaviour from December 2024 to May 2025, was prompted by recent media commentary claiming that investor losses were easing after Sebi's tighter framework. The regulator countered those claims by publishing detailed numbers showing both the scale of participation and the extent of losses. Volumes dip, but remain elevated While index options turnover dropped 9% in premium terms and 29% in notional terms year-on-year, the report pointed out that volumes still remained 14% and 42% higher, respectively, than levels seen two years ago. Among individuals specifically, premium turnover declined 11% over the past year, but is still up 36% from FY23. The number of unique retail traders in the equity derivatives segment has also fallen 20% from last year, though 24% higher than two years ago. These trends reflect a cooling off since the peak speculative boom, but the long-term surge in participation remains stark. Sebi's six-year analysis (from FY20 through FY25) reveals a persistent pattern: the vast majority of retail traders are consistently losing money in equity derivatives trading. This has prompted the regulator to maintain close surveillance of market behaviour and flag potential systemic risks. 'Trends in turnover of index options will continue to be observed from the perspective of ensuring investor protection and market stability,' Sebi said in its statement. To that end, new measures introduced on May 29, 2025, include stricter disclosure norms, enhanced risk indicators for derivatives products, and steps to minimise spurious ban periods in single-stock derivatives trading. Sebi has repeatedly highlighted that without improved risk awareness, India's growing retail investor base could face significant harm. Monday's report reinforces that concern, adding hard numbers to the regulator's longstanding warnings. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store