I predict it's going to be a bloodbath. People who worked for Big Tech have no idea what's coming. Some of us software engineers who have been outside have been experiencing issues for almost a decade. The industry is extremely anti-competitive.

Whatever you produce, nobody is going to use unless you produce it under the banner of Big Tech. There are no real opportunities for real founders.

The problem is spreading beyond software. The other day, I found out there is a billion dollar company whose main product is a sponge... Yes, a sponge, for cleaning. We're fast moving towards a communist-like centrally planned economy, but with a facade of meritocracy where there is only one product of each kind and no room for competition.

This feeling of doom that software engineers started to feel after LLMs is how I was feeling 5 years earlier. People are confused because they think the problem is that AI is automating them but reality is that our problems arise from a deeper systemic issue at the core of our economic system. AI is just a convenient cover story, it's not the reason why we are doomed. Once people accept that we can start to work towards a political solution like UBI or better...

We've reached the conclusion of Goodhart's Law "When a measure becomes a target, it ceases to be a good measure" - Our economic system has been so heavily monitored and controlled in every aspect that is has begun to fail in every aspect. Somebody has managed to profit from every blindspot, every exploit exposed by the measurement and control apparatus. Everything is getting qualitatively worse in every way that is not explicitly measured and the measurement apparatus is becoming increasingly unreliable... Most problems we're experiencing are what people experienced during the fall of communism except filter bubbles are making us completely blind to the experience of other people.

I think if we don't address the root causes, things will get worse for everyone. People's problems will get bigger, become highly personalized, pervasive, inexplicable, unrelatable. Everyone will waste their energy trying to resolve their own experience of the symptoms but the root causes would remain.