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The software industry as a whole generates trillions of dollars every year. The current state of AI makes coders significantly more efficient and it’s only gett
by mountainriver 2y ago
The software industry as a whole generates trillions of dollars every year. The current state of AI makes coders significantly more efficient and it’s only getting better.
It’s easily worth trillions with just normal speculation.
- jjulius 2y ago>The current state of AI makes coders significantly more efficient and it's only getting better. Do you have any data that supports this assertion and the associated upward trend?
- mountainriver 2y agoThere is a lot of data to support this, most of it showing 20-50% efficiency gains. For a multi-trillion dollar industry that equates to potentially over a trillion dollars in efficiency in a single year. https://github.blog/news-insights/research/research-quantifying-github-copilots-impact-on-developer-productivity-and-happiness/#:~:text=,89 https://github.blog/news-insights/research/research-quantify... https://www.infoq.com/news/2024/09/copilot-developer-productivity/#:~:text=University%20of%20Pennsylvania%20www,increase%20in%20productivity https://www.infoq.com/news/2024/09/copilot-developer-product... https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/unleashing-developer-productivity-with-generative-ai https://www.mckinsey.com/capabilities/mckinsey-digital/our-i... https://intuitive.cloud/blog/delve-into-the-depths-of-amazon-codewhisperer https://intuitive.cloud/blog/delve-into-the-depths-of-amazon... https://www.hbs.edu/ris/Publication%20Files/24-013_d9b45b68-9e74-42d6-a1c6-c72fb70c7282.pdf https://www.hbs.edu/ris/Publication%20Files/24-013_d9b45b68-... https://arxiv.org/pdf/2303.17125 https://arxiv.org/pdf/2303.17125 This isn't slowing down either, if anything its accelerating with reasoning models. Which means it likely under-valued actually. Lets not forget those numbers are just for software!
- NBJack 2y agoAlmost every citation here is research funded by a party selling something that just happens to be AI/ML. And they all have glowing reviews of their own products. Color me skeptical. The last, and perhaps somewhat respectable study surveyed....about 410 developers. On a 15 minute survey. Sent only to GitHub users.
- mountainriver 2y agoDo you really not think this is true? In my own experience 50% is on the low end.