Recently there’s been more and more evidence, studies, etc that ai isn’t really delivering on its promises.
Even with ai, you need a lot of software developers to develop impactful software that ties into existing systems. Can ai speed up the boilerplate code and improve the efficiency of a software developer? Yeah. Can it replace them? No.
MIT recently released a study stating that 95% of companies who embraced ai haven’t really seen returns on that investment. I think, as Sam Altman recently stated, that it’s a bubble.
Gpt-5 has shown that models are plateauing and struggling to reach profitability.
I’ve been getting told by boomers and MBA’s for 27+ months now that I’m just a few months away from losing my $200k+ job as a software developer.
We will see, but so far, I’m still employed, still stacking stock, still trading crypto, and getting closer to my first $1m daily - I find it highly unlikely that ai is going to change any of that as it was in the companies best interest to over-sell and dum dums like Stankey, Legg, etc eat it up because it allows them to make promises to investors that they can’t keep, thus temporarily boosting the stock price.
It’s all smoke and mirrors, it’s a game. It’s a facade.