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by nostrademons
87 days ago
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Most of the economically valuable software written is pretty unique, or at least is one of few competitors in a new and growing niche. This is because software that is not particularly unique is by definition a commodity, with few differentiators. Commodity software gets its margins competed away, because if you try to price high, everybody just uses a competitor. So goes the AI paradox: it's really effective at writing lots and lots of software that is low value and probably never needed to get written anyway. But at least right now (this is changing rapidly), executives are very willing to hire lots of coders to write software that is low value and probably doesn't need to be written, and VCs are willing to fund lots of startups to automate the writing of lots of software that is low value and probably doesn't need to be written. |
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