Azeem Azhar

It's also the invention of a new method of invention.

In a way, it looks in on itself differently

and can help us come up with new approaches to do new things, both in AI and in other domains.

And what that means is that it will create things that will change the assumptions about how you structure firms, how industries take their shape, and ultimately where profits can be made.

It's quite hard to imagine this because we're asking for so much to change that it is baked in assumptions we don't

really think about every day, but it will in some ways have that kind of impact.

Let's take a look at the software market.

So it's $155 billion a year, $160 billion a year spent on developers in a market that's worth probably a couple of trillion globally.

Well, AI is enabling people like me now to write software for myself.

And the coding tools market, which is only two years old, has already turned into a $3 billion revenue market.

If you look at cursor and replit and chat and build and other types of things.

So how big will that market get?

Will it, is the TAM $153 billion?

Because that's how much we spend on the people who construct the code.

Or will the TAM get much, much larger?

Is my spend on these tools net new spend to a new expanding market rather than competing for the work that a developer might be doing somewhere else?

So what will we even call that market when it evolves?

I mean, it's taken a while for us to come up with a name for the market that Uber competes in or the market that Airbnb competes in.

So we don't really know.

We can see that the shape might change.