Valuetainment - May 07, 2026


＂100% Of Code Written By AI＂ - Anthropic CEO WARNS About The END Of Human Coding


Episode Stats


Length

13 minutes

Words per minute

192.25362

Word count

2,644

Sentence count

165


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Transcript

Transcript generated with Whisper (turbo).
00:00:00.040 Okay, when I sell my business, I want the best tax and investment advice.
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00:00:30.000 I watched this story by the CEO of Anthropic.
00:00:34.740 Rob, if you want to pull this up.
00:00:36.340 The CEO of Anthropic is being interviewed,
00:00:38.380 and he's explaining what's going to happen with coders.
00:00:41.540 Can you go back to it to see where the tweet was, Rob?
00:00:43.360 Yeah.
00:00:44.300 Anthropic CEO says 100% of AI will be written,
00:00:49.380 AI code will be written by AI less than a year from now.
00:00:53.560 So this is Anthropic CEO.
00:00:55.620 Rob, go ahead.
00:00:56.400 I think coding is going away first or coding is being, you know, done by the AI models first.
00:01:02.520 And then the broader task of software engineering will take longer.
00:01:06.240 But I think that is, you know, doing that end to end, I think that is going to happen as well, I would say.
00:01:11.940 But, you know, again, the elements of like, you know, design or making something that's useful to users or knowing what the demand is or, you know, managing teams of like AI models.
00:01:23.020 Like, you know, those things may still be present.
00:01:26.720 Again, like there's this comparative advantage is surprisingly powerful, right?
00:01:30.920 Even if you're only doing like, you know, 5% of the task, like, you know, that 5% gets
00:01:36.860 super amplified and levered because it's like you're only doing 5% of the task.
00:01:41.240 The AI does the other 95% and so you become, you know, 20 times more productive.
00:01:46.520 Again, at some point you get to 99%, 99% and then it becomes harder.
00:01:49.860 But I think there's surprisingly much in that sort of, you know, in that zone of comparative advantage.
00:01:57.520 But I would really think about the things that are human-centered.
00:02:00.840 Like, I think there's something to that.
00:02:04.120 I think there's something to kind of the physical world or things that mix together human-centered, the physical world, one of those two, and analytical skills that somehow tie them together.
00:02:17.040 Tom, thoughts.
00:02:17.700 Similar to the. So a bunch happened. I mean, a bunch happened with this statement and from May 4th, 5th and 6th.
00:02:25.620 I'd like to unpack that if I could, Pat. So on May 4th, Anthropic, Dario right there, Modi, announced one point five billion dollar joint venture with Blackstone and Goldman Sachs.
00:02:37.000 And they said, we're going to help A.I. do the work. So that's point one. Point two.
00:02:42.740 So the multiple outlets say that Anthropic has moved past OpenAI.
00:02:50.920 Anthropic is 40% of U.S. AI spending, enterprise AI spending.
00:02:56.680 OpenAI has slipped down to 27% market share from 50.
00:03:01.940 So now Anthropic—
00:03:03.980 Well, he's saying Anthropic—he's saying OpenAI is going to get crushed in five years.
00:03:07.620 He doesn't think they're going to be in business in five years.
00:03:08.900 On the trajectory, yeah, it's pacing to be dead.
00:03:11.300 Yep, and watch this.
00:03:12.740 I don't disagree. Then on May 5th, Goldman Sachs CEO Marco Agenti was with Jamie Dimon and Dario Modi at an invitation only confab.
00:03:22.980 They're on stage together talking about how this is going to work to replace a lot of white collar jobs and a lot of coders.
00:03:31.040 The next morning, Brian Armstrong announced that Coinbase would be removing 700 people, mainly in coding.
00:03:38.140 And so basically, here's what you saw. When you saw Jamie Dimon on stage with Dario Modi, you didn't see the future of AI. You saw a customer and a vendor shaking hands on a mammoth deal. Do you follow that, Pat?
00:03:54.340 Everybody said, oh, it's all about AI in the future.
00:03:56.700 No, you saw it.
00:03:58.140 There it is right there.
00:03:59.000 There's the picture.
00:03:59.860 What you saw was a deal.
00:04:01.820 They've gone from talking about the future of AI to now you're looking at the operational implementation of it in major banks at scale.
00:04:10.360 That's what we saw, and that's what I wanted to unpack.
00:04:12.800 It's no longer about statements.
00:04:14.540 It's $1.5 billion deal where now major banks are, in fact, eliminating low-level jobs.
00:04:21.660 I think that what he said, the CEO said, is really the important point, is that it will replace jobs, but people who learn to use AI and leverage its capability, you become the 5% worker and you get the 95% productivity, a 20 times productivity boost.
00:04:40.120 For anybody who's listening here, this is the message.
00:04:42.820 The message here is you need to learn AI.
00:04:45.400 You need to leverage AI because, like Tom is saying, it's happening now.
00:04:49.700 And it's going to take some time to ramp up.
00:04:51.220 It won't be tomorrow, but over time, the people who are going to succeed in this economy are people who know how to leverage the technology, which is true in any economic cycle that we've been through in history.
00:05:02.180 People who adopt the technology as it becomes more and more productive end up succeeding the best.
00:05:08.720 Yeah, I think he's exaggerating a little bit with the 12-month thing because I don't think we're anywhere close to not needing software developers anymore.
00:05:15.660 You think he's exaggerating?
00:05:16.720 Yeah.
00:05:17.600 You all think he's exaggerating?
00:05:18.920 Yeah, I think he's arguing a little bit because he's also sitting on stage, you know, this customer-vendor relationship I talked about.
00:05:24.240 He also wants to go public, and he's going to need Goldman and J.P. Morgan because the size of these companies going out public, no one investment bank can do it anymore.
00:05:33.820 Oh, no, no.
00:05:34.300 They're saying it could be – some people are saying this is an $800 billion to a trillion auto valuation company.
00:05:39.060 Yeah, I think so, too.
00:05:40.200 Guess what?
00:05:40.460 This would take everybody on Wall Street, including Bear Stearns, and they've been dead for 20 years.
00:05:45.460 To be able to do it.
00:05:46.180 To move that much paper.
00:05:46.920 Right, right.
00:05:47.460 Makes sense.
00:05:48.160 Brandon.
00:05:48.360 Yeah, no, but I mean, it makes all sense in the world for him to say that.
00:05:51.180 It's a great marketing pitch, but I don't think we're anywhere close to not needing software developers
00:05:55.240 because it's a disaster when you have AI just purely writing code.
00:05:58.540 So you need some human elements of it.
00:06:00.000 Maybe it'll take two people, but it used to take 30 people to do,
00:06:03.400 and you could do it much faster, which is super productive.
00:06:05.660 And that's why Elon says that we're going to have a hypercharged economic growth cycle.
00:06:09.820 But yeah, I don't think we're anywhere close to that happening
00:06:13.340 because I hear people say things about software developers all the time.
00:06:16.840 I see people who do develop software working with AI saying it still gives them a hard time with a lot of stuff, but that's super helpful.
00:06:23.900 But most coders do use AI to write code now.
00:06:26.360 They're still in the testing phase.
00:06:27.620 That's what they're doing.
00:06:28.260 This is a real-world testing phase to see how it works outside of the sandbox, right?
00:06:32.160 That's what they're doing.
00:06:32.900 They're making these deals to start testing these applications in real-world settings.
00:06:39.400 So they're going to learn a lot along the way, but there's a process there that's going to take a lot longer than 12 months.
00:06:45.120 I'll be sure about that.
00:06:46.380 People should start thinking about different things with college, though, because, I mean, people have been hearing STEM for the last 10 years, but it seems like a lot of the STEM stuff might be most threatened by AI.
00:06:55.900 Well, entry may be, but somebody has to be the AI master, right?
00:07:01.560 I'm the AI master of the agent that I'm building, and I spent 20 hours this past weekend working on security layers to protect credentials because I see what's happening in the future, and I partner with our CTO on this.
00:07:13.280 And so that doesn't get built without me. I have I know what I want it to do in terms of chores, efficiency, research and stuff like that.
00:07:20.800 But I'm still me driving my job, but it's going to help me do things faster. And now I'm adding a security layer.
00:07:26.100 You're going to go willy nilly and just follow a YouTube video that tells you how to get a, you know, a Linux server on Amazon EC2 and put OpenCloud on it.
00:07:35.880 But let me tell you what CZ said yesterday. I said, you have you guys have 250 to 300 million users.
00:07:40.860 He says, yes. I said, what's the vision of the company? He says, well, the current CEO says he wants to 10x that in the next five years.
00:07:47.040 I said, so in the next five years, you're guesstimating to have two and a half billion to three billion users.
00:07:53.040 He says, yes. I said, what's the long term vision? He says, well, long term vision, we're going to have, you know, 100x what we have today.
00:07:58.940 I said, what do you mean 100x? There's only eight, nine billion people living in the world.
00:08:01.700 He says, yeah, but you're going to understand what's going to happen.
00:08:04.420 Everyone, people are going to have AI agents that are working for them,
00:08:09.220 and all of those are going to need to be their own accounts
00:08:11.380 because what you're going to know in one day,
00:08:13.700 you have 100, 200, 500 AI agents working to create wealth for you.
00:08:18.200 They're managing your finances.
00:08:19.400 They're making decisions for you.
00:08:21.080 This is going into a space, you know,
00:08:23.260 there's three things that disrupted the game in a big way.
00:08:27.660 One was internet, two was blockchain, three is AI.
00:08:30.860 And with AI, the speed is a much faster speed.
00:08:34.720 So if the average person is watching is saying, man, I have no clue what you guys just talked about.
00:08:39.580 Look, you know what's the most revealing thing about the report?
00:08:42.200 About the 11,900 and something people that did the survey?
00:08:45.780 Do you know what percentage were business owners?
00:08:48.800 35% of the people that did the surveys.
00:08:51.320 You know what's crazy about that number of 35% being business owners?
00:08:55.420 You know, because when you do 25, it's like, well, you know, the people that are going to go get the $25 is not going to be the business owners.
00:09:00.780 It's going to be the guy that needs a $25 gift card.
00:09:02.980 So imagine the people that did this survey for $25.
00:09:07.420 35% of our business owners, they're watching this.
00:09:09.760 What are they thinking about?
00:09:10.940 Here's the reality of it.
00:09:12.240 You better find a way to get into it because your competitors will.
00:09:15.060 And if you have kids, if you want to find a way for your kids to be having an edge competing,
00:09:21.320 find a way to get them to play with learning how to code.
00:09:24.640 It'll be a massive advantage for them long term.
00:09:28.140 For me, a bigger part of this is how can we set up our kids?
00:09:31.500 Of course, we got a lead from the front, but how can we set them up?
00:09:34.720 Because this is just a space they're going to be competing in.
00:09:37.260 And if you go to a job and they ask you, have you ever coded before?
00:09:40.200 No, never.
00:09:41.400 Versus you go to a job interview, no matter what you're hiring for,
00:09:43.980 no matter what you're applying for, what have you ever coded?
00:09:46.180 Oh, I've been coding for many, many years.
00:09:48.220 I learned how to do it, and I use this, and I use that,
00:09:50.280 and then you start speaking a language.
00:09:51.760 In the interview, the other person, wait a minute,
00:09:53.380 this person is also versatile?
00:09:55.140 Hey, we were going to make this kind of an offer to you.
00:09:57.500 I want this guy to show me what you built.
00:09:59.640 Can you talk to our CTO?
00:10:00.780 Yeah, I built this.
00:10:01.440 You did this all yourself.
00:10:02.340 Yes, I did.
00:10:03.240 It's going to be a differentiator for them to be a little bit more competitive in a marketplace.
00:10:08.640 Those of you guys that did the survey, we originally thought, because it's a lot of questions.
00:10:13.820 It was 27 of them.
00:10:15.660 We said, we're going to give a $25 gift card.
00:10:17.780 So we sat with finance and we said, guys, it's not like it's going to be that many anyways.
00:10:21.940 We said, let's put a budget of $25,000 to $50,000 for these $25 gift cards.
00:10:27.500 Well, the report comes out this morning from our digital marketing team.
00:10:32.680 11,976 of you did the survey, which is going to cost us $290-some-thousand
00:10:41.820 for this gift card.
00:10:44.420 And a lot of you guys were tweeting saying, am I going to get the gift card?
00:10:47.460 If you completed the survey, you check your email.
00:10:51.040 Today at 9 o'clock, they started sending all the gift cards from Shopify
00:10:55.080 to go to vtmerch.com.
00:10:56.600 and so check your email if it hasn't just remember it's 12 000 people so all of a sudden it was put
00:11:04.060 in the system you're probably gonna if you haven't already gotten it if you check your mail
00:11:07.880 you uh you will check your email you will in the next uh 15 30 minutes one hour but go to
00:11:14.940 vtmerge.com that 25 it's a straight up gift card buy whatever you want we have a lot of good things
00:11:19.720 that people don't look at there's some unique accessories that we have you can go look into
00:11:24.540 Yesterday, we had an event at our cigar lounge.
00:11:26.480 We have this Valuetainment cigar set with cutters, lighters.
00:11:30.640 There's so many great gifts that you can give somebody.
00:11:33.940 But you have your $25 gift card to use.
00:11:36.920 And by the way, for those of you guys that are watching saying,
00:11:39.720 it is so revealing, the report that came back.
00:11:43.200 FYI, just so everybody knows, nobody knows what the results were.
00:11:46.680 Tom doesn't even know the results.
00:11:48.080 It's driving him insane.
00:11:49.180 But I get teased a lot.
00:11:50.580 Yeah.
00:11:51.220 Brandon this morning is like, come on.
00:11:53.120 tell me where am I and him and Humberto are getting to Humberto's holding people hostage I don't like
00:11:57.080 what he's doing but he loves it he loves this kind of stuff if you want to see what the report
00:12:01.880 results were we may make a one-pager two-pager to kind of share with the audience if you text the
00:12:07.800 word PBD to 310-340-1132 again text the word PBD to 310-340-1132 that report will be sent out to
00:12:18.600 the audience our youtube guy called and says wait you guys did a survey on your audience to ask what
00:12:24.780 they didn't like and did like yes we did did nobody does this and you gave away 25 gift card
00:12:30.320 how many people you spent 300 000 you said well we weren't expecting 300 000 but we're it's already
00:12:35.460 too late so there you have it so everybody that completed it i want to say thank you
00:12:39.120 on behalf of the team this is great intel for us on finding ways to uh improve the product that we
00:12:45.180 have here and without your feedback we're going to read every single one of the pieces of feedback
00:12:48.940 and some of you guys may even get a call from us so again text pbd to 310-340-1132 we may send a
00:12:56.300 video a report to you guys specifically in a text once we have that report and um some people are
00:13:03.340 not going to like it but it is what it is the report was very good for all of us if you enjoyed
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00:13:15.180 We'll be right back.