The IT industry accounts for about 7% of India's GDP. According to the IBEF, this is expected to rise to 10% by 2025.
With improvements to GPT only accelerating with time and with more companies open-sourcing their LLMs, you have to wonder what's in store for developers. Will India lose its low-cost outsourcing advantage? It might be easier to ask OpenAI or Bard to write a function that fixes a bug than it is to fix it yourself.
That future might not be too far away. Bard, OpenAI, and other code assistants can already write small helper functions.
The flip side could also be that an outsourced engineer can now accomplish more with help from GPT. Only time will tell. See you in 2025.