It's not that the money can predict what is correct, it's that it can tell us where people's values lie.
Those people who invested cash in blockchain believed that they could develop something worthwhile on the blockchain.
Zuckerberg believed the Metaverse could change things. It's why he hired all of those people to work on it.
However, what you have here are people claiming LLMs are going to be writing 90% of code in the next 18 months, then turning around and hiring a bunch of people to write code.
There's another article posted here, "Believe the Checkbook" or something like that. And they point out that Anthropic had no reason to purchase Bun except to get the people working on it. And if you believe we're about to turn a corner on vibe coding, you don't do that.
> However, what you have here are people claiming LLMs are going to be writing 90% of code in the next 18 months, then turning around and hiring a bunch of people to write code.
Very few people say this. But it’s realistically to say at the least in the next decade our jobs are going out the window.
Someone also believed the internet would take over the world. They were right.
So we could be right or we could be wrong. What we do know is that from 2 years ago a lot of what people were saying or “believed” about LLMs are now categorically wrong.
Those people who invested cash in blockchain believed that they could develop something worthwhile on the blockchain.
Zuckerberg believed the Metaverse could change things. It's why he hired all of those people to work on it.
However, what you have here are people claiming LLMs are going to be writing 90% of code in the next 18 months, then turning around and hiring a bunch of people to write code.
There's another article posted here, "Believe the Checkbook" or something like that. And they point out that Anthropic had no reason to purchase Bun except to get the people working on it. And if you believe we're about to turn a corner on vibe coding, you don't do that.