- Zerodha CTO Kailash Nadh stated that achieving Artificial General Intelligence (AGI) within two to five years is unrealistic.
- Zerodha is launching an open-source fund to support global open-source projects and continues to leverage open-source software for its operations.
Zerodha CTO Kailash Nadh, speaking at Cypher 2024, addressed the growing conversation around Artificial General Intelligence (AGI), stating it is unrealistic to expect AGI to be achieved in the next two to five years. He criticized Western AI companies for setting the definition of AGI, remarking,
"It might be very intelligent-looking behavior or technology...but for anyone to say that it will happen in two years or five years, no way."
Nadh emphasized AI’s roots in physics and biology, adding that claims of AI breakthroughs have persisted since the 1950s.
"AI was always five years away for many, many years,"
he said, questioning the business motives behind current AGI projections.
He acknowledged the rapid advancements in AI, particularly with generative AI technology, largely driven by the open-source ecosystem. Nadh highlighted that many open-source models outperform proprietary alternatives, and Zerodha is actively leveraging these tools for specific challenges like customer support.
“Recently, some of the systems we launched have replaced the mundane manual tasks that a team of about 100 people used to perform,” he noted.
Zerodha, which relies heavily on open-source software, will soon launch a dedicated open-source fund to support global projects. Nadh underscored the importance of open source, stating,
“Without it, there would be no Zerodha, no Indian startup ecosystem."
Additionally, Zerodha has committed to ensuring that no employees will lose their jobs solely due to AI adoption, focusing instead on helping them transition to other roles. While AI continues to advance, Nadh remains skeptical of AGI, predicting it may still be centuries away.
Edited by Harshajit Sarmah
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