it’s kinda funny how all these massive business are all giant money drains year after year after year. back in the day business people used to pride themselves being in the black.

I don’t think they care about ROI for real. If they cared none of that would’ve happened because that’s just not how a real businesses are operating. You can burn the investments into R&D to an extent but if the product’s money flow doesn’t show a positive dynamics long enough - you get ready for some soul searching shit. My guess is that a lot of things contributing to AI bubble have something to do with money laundering.

next year’s salary research is going to be a lot of fun!

There sure are but will there ever be a real chance to attract sober investors to make it work as a real business and not growth hacking extravaganza any time soon?

But what will be left after it bursts? At least in cause of the housing bubble - the houses existed physically - what will be after the AI crash? Lots of spare gear sold for cheap?

that word is so loaded for me - literally every time someone uses it regardless of context I remember The Godwinns theme and feel really old.

Wired clickbait, sigh

I see. Thanks for clarification. I never worked with COBOL myself but have couple of folks on the team who worked with COBOL in banking back during 2000s who still have full-on vietnam flashbacks over it. I guess the COBOL they worked with was an older iteration than you described.

my only experience with it was for code cleanup - since those tools save me from bitching and moaning from the team - let it rip

You sir are hardcore.

It has its moments, but you are absolutely right - 25 years ago Wired would’ve torn modern Wired a new one for their clickbait speculative thinkpieces.

Its Freemium, at least it was like that. Using COBOL should be regulated by Geneva conventions at this point.

nowhere, I just relayed my personal observation regarding vibe coding in Ukraine as one of the examples

Wired pushing corporate agenda is happening.

PASCAL!

yikes

very apt comparison

those businesses are not really the target audience for Ukrainian outsourcing companies though. they want the big bucks nice and easy and cut corners more than they should in many cases. On the other hand - there are many Ukrainian small businesses that benefitted greatly from no-code and vibe coding tools that handle their small scale needs - that kind of streamlining helped them focusing on what actually affects their business on the ground

It’s only the best option if you are a grifter or grifting the grifter. vibe coding is running roughshod the outsourcing industry. Lots of companies started using it to produce basic throwaway apps and slowly but surely degrades developer’s talent pool. now we get lots of low-grade “developers” who can write prompts and want big bucks for it but can’t pass a mid-level live coding session because their skills are not up the snuff.

give it a couple of years and it would match just right