The 12-cent engineer

Change is on the near horizon

Matt Welsh from Fixie.ai appeared on the excellent Danny in the Valley Podcast a few weeks ago, and I cannot stop thinking about the stats they discussed.

https://podcasts.apple.com/gb/podcast/fixie-ais-matt-welsh-the-12-cent-engineer/id1233991021?i=1000607795186

On the program, they were discussing two startling headlines:

48% of new code on GitHub is now AI-Generated

The number is huge and pretty impressive. But not surprising, considering how capable the tools are. GPT and Co-Pilot to generate code as they seem to read your mind as you're coding, pre-empting your next steps and providing alternatives. I used it to create this small HTML/Javascript presentation which is did in seconds:

I don't have the time or skills for intricate javascript work to develop the above, but was a fun few minutes of 'visualising' a problem. The technology will allow more pepole to orchestrate coding

The equivalent of a West-Coast Software engineer on $1,200 a day will cost 12c using GPT

Coders made AI, will AI now become Coders

https://spectrum.ieee.org/ai-code-generation-language-models

Coders are already 40% more effective (Microsoft)

https://news.microsoft.com/source/features/ai/how-ai-makes-developers-lives-easier-and-helps-everybody-learn-to-develop-software/

Impact to a firm's Target Operating Model

Impact to financial plan

Impact to fundraising as this adapts