Cory Hymel, VP of Product and Research at Gigster, discusses the impact of generative AI in software development, including coding, summarizing documentation, and generating code based on prompts. They explore the challenges of training employees and implementing new tools, as well as the potential trough of disillusionment with AI and comparisons to blockchain. The advantages of using generative AI in software development, such as time-saving and improved documentation, are also highlighted.