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maccardtoday at 1:39 PM1 replyview on HN

I’ll agree it’s an edge. But edges aren’t worth the GDP of a middle sized European country.

> every level of "it can't do it" has fallen and generally faster & more decisively than predicted

I disagree. The agent + harness model was a huge leap and really moved the bar. The tools became genuinely useful for coding very quickly.

> Everyone has their own perspective but to me "show me the receipt" at a specific point in time is a completely wrong lens for a tech that shows clear signs of exponential improvement

At some point, the exponential improvements have to show results or it’s just a Ponzi scheme.


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Havoctoday at 2:52 PM

I get that results in your mind is a vibecoded full feature photoshop as the goal post, which is fair enough. That's no less arbitrary than say me defining the goal post as can it make me a useful script & thus has already delivered results with receipts.

That's why I'm saying this whole look at one point in time logic isn't useful here. Depending on where you set the cutoff you get diametrically opposed answers.

>Ponzi scheme

The IPO & bubble financial shenanigans are only loosely linked to the technological advancement. Tech genie is out of the bottle, people are intrigued and people with ability to tinker on this are spread globally. Even if the entirety of western tech & financial sphere disappeared tomorrow tech progress here would wobble and slow not stop.

Even the one global nexus where progress could have been killed globally - Taiwan - is looking like it'll de-risk shortly between CXMT and SMIC's rapid progress.

In my mind the base case assumption here has to be that the trend (that has been remarkably consistent) continues until proven otherwise. Stack enough improvements on top of each other and instead of a useful script you shall have your photoshop. Maybe...

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