I think there is a parallel to what happened to watch market with Quartz crisis. The same way Quartz has led to decline of Swiss movements, LLMs are going to have a huge effect on developer market. I hypothesize that in future there will be a micro segment which care about quality, taste, exclusivity etc the same way the luxury watch makers found a niche. My perspective is that this "taste" or "quality" will not be a moat. Instead, it will be a niche where only a small segment would care about it.

(edit: typos)

Didn't PG write a post about this like a month ago?