Andy Halliday

And they delivered some important messages.

And I want to put these into some context here.

First of all...

Let's talk about what Dario Amadeus was talking about.

He said, we're just six to 12 months away from models, including Claude, that do most, if not all, of what software engineers do end to end.

And witness that Claude co-work was entirely developed by Claude Code under the supervision and direction of engineers.

But all of that code was written by Claude Code in order to develop a product that is really making a big splash out there by making...

Autonomous agentic coding accessible for not just users who are building software, but for people who want to just do day-to-day work on their computer.

So this is really democratizing this trend that he's observing.

And he said...

we could have 5% or 10% GDP growth, but with that 10% unemployment.

So this is something we've been talking about in the number of shows that have preceded this one.

And he said that high growth and high joblessness simultaneously is something that we've basically never seen before.

And that's the rub, right?

Really, the bubble that we think of as AI, where incredible valuations are achieved, is also concurrent with the threat of significant unemployment.

Right.

Indeed.

So Demis Hassabis of Google DeepMind said something that was akin to that.

And he said that we could see AI driven slowdowns in junior hiring in this year, but that AI tools could ultimately enable more skill creation among those people who are junior, but didn't get a job, uh,

than the traditional path would have provided.