Marc Andreessen

And yet all of a sudden he's hyperproductive.

And so you've got this – you've got, of course, the phenomenon, which is sort of exactly what classic economists would predict, which is if you increase marginal productivity of the worker, you don't have a diminishment of human work.

You have an expansion of human work.

You make the worker more productive.

Therefore, the worker works more efficiently.

and gets paid more and there are more jobs in the process.

And so it's the opposite of what all the doomers say.

So we're seeing that at the level of these individuals.

And then, by the way, what you see kind of inside companies, inside employers of these individuals is, of course, these people are now in even more demand than they were before.

They are garnering higher salaries than they were before.

And then, by the way, their productivity is just starting to ramp up, right?

Like everything that I'm describing and like, you know,

At our leading-edge companies, estimates are the leading-edge programmers are like 20x more productive than they were a year ago.

It's like the most dramatic increase in programmer productivity ever.

And so, again, logically, people get paid according to their marginal productivity, and you're also seeing that track in the compensation data.

I'm seeing that on the ground in the companies, which is the more hyper-productive a coder becomes, all of a sudden, the more bargaining power that they have for their compensation.

We're seeing a comp for those people ramp up quickly.

And so it's just kind of staring us in the face.

And coding, of course, coding is like the first domain in which this has happened.

Now people want to project forward and say this is going to happen in every area of knowledge work.