<p>Analyst Paul Kedrosky predicts a significant decrease in software development costs due to generative neural networks like GPT. He believes this will be a new “Gutenberg moment” for the industry, leading to mass software creation and a revolution in the economic landscape.</p>
<p>Generative AIs are already writing code based on text prompts and creating websites from hand-drawn sketches. In the future, as their skills improve, anyone will be able to create software almost for free, even without programming experience.</p>
<p>This development will lead to an increase in new applications, cloud services, games, and other types of software, changing the industry and the market. The cost of development, which is currently a limiting factor, has a significant impact on this process. It seems we are on the brink of a revolution where prototypes, MVPs, and indeed products can be created by virtually anyone. The phrase “the cost of creating a prototype is trending towards zero” takes on a new level. Consequently, the number of attempts (startups) will increase tenfold.</p>
<p>Full article: <a href="https://skventures.substack.com/p/societys-technical-debt-and-softwares">https://skventures.substack.com/p/societys-technical-debt-and-softwares</a></p>;
<p>What do you think?</p>
<p>#ai #gpt #development #paul_kedrosky</p>
