AI-ChatGPT Replace Entry-Level Coding Jobs, Campus Placements Hit At Top Tech Colleges

The effects of automation on jobs has come to be most visible in the 2023-24 campus placements season across engineering colleges including the top-ranking Indian Institutes of Technology and even some of the top tech colleges in the private sector with recruitment being slashed for pure software roles and manufacturing firms instead leading the hiring process across many campuses. According to Prof V Ramgopal Rao, group vice-chancellor, Birla Institute of Technology and Science, Pilani campuses and former director of IIT-Delhi, this is the first year when “effects of generative AI on placements have been most visible than ever.” “The lower placements for the graduating batches this year is both a result of generative AI features like ChatGPT taking away all entry-level coding jobs as well as major IT firms not hiring as much because of the slowdown. Surge in Demand For Data, Cyber Security Engineers According to Prof G Balasubramanian, chief placement officer, BITS Pilani, the junior-level coding roles offered mostly by service-based IT companies, which are primarily valued for producing high volumes of low-quality code, are affected by AI with automated code generation softwares like ChatGPT. We also saw a surge in High Frequency Trading firms this cycle, where companies offered a monthly domestic stipend of Rs 4 lakhs, 26.5 percent growth over last year,” he said.