Comment by dspillett
3 days ago
It won't be a student on $10 replacing him. Who would hire an inexperienced student when there are piles of displaced experienced devs looking for work? One of them and a couple of AI licences could try to replace several people the way things are going.
At least until the investment capital starts to be called in and use of decent AI models becomes noticeable more expensive, assuming that happens long before open free models are good enough to replace them.
Of course that will lead to there being very few experienced people in a couple of decades, as most of the remaining ones age out, but I'll be long done by the time that becomes a big problem, I'm not on the right side of the mid-life divide!
> It won't be a student in $10 replacing him. Who would hire an inexperienced student when there are piles of displaced experienced devs looking for work?
Yeah it won't be a student making $10 an hour replacing him, it will be an experienced dev making $10 an hour because hey at least that beats starving to death.
The next step after "juniors are doomed, but seniors still get work" is pretty obviously that senior salaries are going to start rapidly dropping.
not sure where this meme of 'ai will become very expensive any time now!' comes from
consumer subscriptions are subsidized but the companies make very healthy margins via api pricing, which is what enterprises use, and cost per intelligence is dropping rapidly
> not sure where this meme of 'ai will become very expensive any time now!' comes from
Money out > money in. https://isaiprofitable.com/
That can't go on forever, which is why the big AI companies are crying for regulation to slow things down - they need to make some of that money back before others come along and start eating what little moat they have.
That, and a lot of that investment money seems to be moving in a rather circular fashion, which usually means that when things change it will happen quickly as there is effectively one pot that will all dry up at the same time.
valuations and funding look at *growth*, not money out and money in
ai has produced some of the fastest growing companies of All Time and plotting the trend leads to very profitable businesses in the future (which is the whole point of investing)
i think it would be a more nuanced and interesting conversation to talk about 1) how growth will change and 2) how the rapidly falling cost of intelligence will affect the different players in the ecosystem
(not a bullpost for the labs, i think their situation is precarious)
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open weight models from China are there now, produced using an entirely different economic model, so whatever happens to openai or anthropic doesn't have that big of an impact on "will I have an agent to code with".