Comment by alexpotato

13 hours ago

> Its also worth noting that if you can create a business with an LLM, so can everyone else. And sadly everyone has the same ideas, everyone ends up working on the same things causing competition to push margins to nothing.

This was true before LLMs. For example, anyone can open a restaurant (or a food truck). That doesn't mean that all restaurants are good or consistent or match what people want. Heck, you could do all of those things but if your prices are too low then you go out of business.

A more specific example with regards to coding:

We had books, courses, YouTube videos, coding boot camps etc but it's estimated that even at the PEAK of developer pay less than 5% of the US adult working population could write even a basic "Hello World" program in any language.

In other words, I'm skeptical of "everyone will be making the same thing" (emphasis on the "everyone").