Every few months there is a news story about some AI company CEO saying that in a year almost all code will be written by AI. The software engineer, where previously having tremendous bargaining power, is going from scarcity to redundant. The valuations are huge. Windsurf was recently bought for $3bn. Anthropic raises money on a bi-weekly cadence and most recently has a valuation of $61.5bn. Even the French are getting in on it, Mistral having a valuation of $6bn. And Cursor raised at a $10bn...
