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by RC_ITR
386 days ago
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Just to stem pointless debates before they flame up - both these acquisitions appear to be primarily if not exclusively for stock. Sure, if you want to get into theoretical finance, OpenAI could have sold these new shares for cash, so technically there's no difference, but OpenAI is only spending opportunity cost cash, rather than fiat. OpenAI's fiat likely still goes to the things you'd expect, like training models and paying for inference. |
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Developers now spend excessive time crafting prompts and managing AI generated pull requests :-) tasks that a simple email to a junior coder could have handled efficiently. We need a study that shows the lost productivity.
When CEOs aggressively promote such tech solutions, it signals we're deep into bubble territory:
“If you go forward 24 months from now, or some amount of time — I can’t exactly predict where it is — it’s possible that most developers are not coding.”
"There will be no programmers in five years" “I’d say maybe 20%, 30% of the code that is inside of our repos today and some of our projects are probably all written by software.” “Coding is dead.” "This is the year (2025) that AI becomes better than humans at programming for ever..." “Probably in 2025, we at Meta are going to have an AI that can effectively function as a mid-level engineer that can write code." "90% of code will be written by AI in the next 3 months"