All this stuff is proving to me one thing: we don’t need to get better at producing stuff faster. We need to get better at producing the right stuff. Right stuff meaning getting better at project selection.
I guarantee a firm that is really good at project selection with hand written code will annihilate a firm that is full of agentic engineers. And frankly I hope the outcome is that all those who went all in on agentic coding go out of business because they got beaten by disciplined and visionary leaders who understand this subtle and nuanced point.
Faster faster faster, everything faster except for fixing the climate, sheltering the poor, healing the sick, reducing inequality. Until we are planning to do these things with the same speed and enthusiasm as pushing out more crap for people to buy, the only thing we are moving faster toward is our own doom.
Capitalism doesn’t care about that.
Capitalism does eventually care about efficient allocation of money to produce capital though. Competition takes care of that; see china vs USA.