- Published on December 12, 2024
- In Deep Tech
An AI Agent Now Costs More Than a Junior Developer In India
With a $500 monthly subscription price, will it fulfil the promise?
Image by Nalini Nirad
- By Supreeth Koundinya
The ‘I’ in India stands for IT services. Last year, over 2,50,000 youths were hired in the Indian IT sector fresh out of college. This year, over 1 lakh freshers received offer letters. While there is a decline in the number of jobs, the curve is set to grow in the coming months.
Let’s look into the moolah. On average, a fresher is paid $4,000 per year (approximately ₹3.5 lakh annually).
Enter Devin, an end-to-end AI-enabled software development tool built by Cognition Labs that aims to replace junior programmers or developers in organisations. What does it cost a company? It is priced at $500 a month, which amounts to $6,000 annually.
Not only does Cognition Labs plan on emulating the role of a junior developer, but it also costs more than an actual one
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Supreeth Koundinya
Supreeth is an engineering graduate who is curious about the world of artificial intelligence and loves to write stories on how it is solving problems and shaping the future of humanity.
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