maaaaattttt parent
I think that's the bet many investors are making at the moment. And if it pays off, it will do so big times as it will be almost impossible to maintain a codebase without an LLM. Therefore making them indispensable for the company using/working on said codebase. If they continue to perform linearly from the point we are now, though, then the only option is to continue making better LLMs capable of comprehending the relative mess the previous one made. Which at the limit means betting on AGI.
If for some reason the progress doesn't come fast enough and too many people are making that bet, then developpers (the ones left) can expect even higher salaries than before...
The investors may be right, and yet, this is a collapse vector in “The Collapse of Complex Societies”, in one sentence, “societies collapse when they reach a point of rapidly declining marginal returns on their investments in problem solving capacity.” So we’d expect an outcome somewhere between “market dynamics will resolve this” and “war and/or violent revolution”