AMA: 👋 I'm Michael. Former-moderator of the sub, Facebook top performer, "the Coding Machine", junior -> principal / 2009-2017, helper of bootcamps students and grads, founder of Formation for experienced engineers preparing for interviews.

I don't think it's going to pop the way people talk about it popping with circular investments all a giant scam about to implode, etc... The efficiency gains are real. Every day I save hours of people's time. If someone spends time on something manually I offer to use AI to replace it. And over time I think we do 3 to 5X more output than we used to without AI with a smaller team. That is undeniable value add and the companies are undercharging for that value creation right now. Meaning there is a ton more room for AI to grow and REAL cash flow. That doesn't mean there will be some investment mistakes that pop along the way, but I don't think it will implode the entire market like some think.