Programming in the Age of Abundance
7 days ago
- #programming
- #AI
- #economics
- Programming is becoming significantly cheaper and more efficient with AI assistance.
- Basic economics suggests that as software becomes cheaper, demand for it will rise, not fall.
- Historical examples like electrification and personal computers show that businesses adapt slowly to new technologies.
- The demand for software is highly elastic; lower costs lead to more demand and more programmable solutions.
- Current software is often poorly designed, indicating room for improvement and more work in usability.
- There are many untapped opportunities for software in niche markets and small businesses.
- Software infrastructure and tools are outdated and could be significantly improved.
- Future software development will likely focus on small, bespoke solutions rather than large monolithic services.
- AI will change how markets and firms operate, enabling new forms of economic organization and cooperation.
- Programmers will have ample opportunities in a world driven by rapid technological and social changes.