Veteran Wall Street reporter Herb Greenberg joins to discuss the AI bubble and the history of hyper-inflated markets.
Maybe a bubble but the effect of AI on tech productivity is real and exploding right now with things like Claude.
IT historical bottleneck is proper senior developers who comprise less than 1% of the lot and whose time is hugely wasted.
Now we have these new assistants which learn and follow instructions better than millions of contractors we have been forced to carry for years...
Things may change abruptly.
P.S. don't underestimate self interest of middle managers whose roles depend on managing millions of contractors 🙂
Maybe a bubble but the effect of AI on tech productivity is real and exploding right now with things like Claude.
IT historical bottleneck is proper senior developers who comprise less than 1% of the lot and whose time is hugely wasted.
Now we have these new assistants which learn and follow instructions better than millions of contractors we have been forced to carry for years...
Things may change abruptly.
P.S. don't underestimate self interest of middle managers whose roles depend on managing millions of contractors 🙂