The line right after this is much worse:
> Coding performed by AI is at a world-class level, something that wasn’t so just a year ago.
Wow, finance people certainly don't understand programming.
They don’t. I’ve gone from rickety and slow excel sheets and maybe some python functions to automate small things that I can figure out to building out entire data pipelines. It’s incredible how much more efficient we’ve gotten.
Finance people are funny. They are so wrong when you hear their logic and references, but I also realized it doesn't matter. It is trends they try to predict, fuzzy directional signals, not facts of the moment.
Ask ChatGPT “is AI programming world class?”
Of course not, why would they? They understand making money, and what makes money right now? What would be antithetical to making money? Why might we be doing one thing and not another? The lines are bright and red and flashing.
World class? Then what am I? I frequently work with Copilot and Claude Sonnet, and it can be useful, but trusting it to write code for anything moderately complicated is a bad idea. I am impressed by its ability to generate and analyse code, but its code almost never works the first time, unless it's trivial boilerplate stuff, and its analysis is wrong half the time.
It's very useful if you have the knowledge and experience to tell when it's wrong. That is the absolutely vital skill to work with these systems. In the right circumstances, they can work miracles in a very short time. But if they're wrong, they can easily waste hours or more following the wrong track.
It's fast, it's very well-read, and it's sometimes correct. That's my analysis of it.