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Showing posts from April, 2023

AI and software development

Recently I came across a post on whether AI will replace software developers. You might have heard about ChatGPT the AI library or Github's co pilot. All the developers are scared that soon their jobs will be replaced by AI. Some have predicted that to happen by year 2030.  So what is the threat? Day by day no of software companies are growing and so the no of developers in market as the new lot of freshers are entering the market.  The scale with which the AI tools are improving is tremendous. Eventually good code is just few lines of structured program. And the amount of existing code available in code repositories like github is huge enough to train the AI. Over the coming years AI can be as good as developer with experience of 50 years! Following areas are under immediate threat 1. Code generation  2. Testing & debugging  3. project management Following professions are safe from AI 1. Creative  2. Healthcare 3. Skilled workers like welders, plumbers 4. Education  5. Resea

Save tax with NPS

 NPS is Indian government sponsored pension scheme targeted to be the investment for retirement. Additional tax can be saved on ₹50000 in addition to 150000 offered under Income tax 80C What is NPS  National Pension system (NPS) is regulated by Pension fund regulatory and Development authority( PFRDA) This system allows investors to invest in mix of Equity, Debt and government bonds based on risk appetite. TIER 1 NPS This is the primary NPS account. Account opening fees are ₹500 while minimum annual contribution being ₹1000 TIER 2 NPS Subscribers having TIER 1 account can open this account.There is no lock in period, invested amount can be withdrawn at any time. Minimum contribution is ₹1000 eNPS account can be opened online in easy steps 1. Goto eNPS portal https://enps.nsdl.com/eNPS/NationalPensionSystem.html 2. Select National Pension System 3. Click on registration  4. Choose the application document type,  application type, status , fill required details  , generate OTP 5 After O