Valuetainment - June 11, 2026


“Dead By The End Of The Year” - Musk Predicts AI WIPES OUT Coding Jobs


Episode Stats


Length

16 minutes

Words per minute

205.81

Word count

3,481

Sentence count

198

Harmful content

Misogyny

2

sentences flagged

Toxicity

2

sentences flagged


Summary

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

Elon Musk says that coding will be dead by the end of the year. What does this mean for software engineers? And what does it mean for the future of software engineering? And is this a good or bad thing?

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
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00:00:30.000 So Elon Musk comes out and says coding was a top job for decades.
00:00:34.020 It will be dead by the end of the year.
00:00:36.000 This is what Elon Musk, and by the end of the year, we're talking about six months from now.
00:00:39.300 Rob, do you have this clip?
00:00:40.700 Yep.
00:00:41.020 Go for it.
00:00:41.880 I think actually things will move maybe even by the end of this year to where you don't even bother doing coding.
00:00:48.800 The AI just creates the binary directly, and the AI can create a much more efficient binary than can be done by any compiler.
00:00:56.860 So just say, create optimized binary for this particular outcome, and you actually bypass even traditional coding.
00:01:05.360 That's an intermediate step that actually will not be needed probably by, I'd say, the end of this year.
00:01:11.500 And by the way, when he's saying this, people are reacting saying, what are you talking about?
00:01:15.200 Check this out.
00:01:15.820 Anthropics' new paper adds fuel to the fire, published When AI Builds Itself on Friday,
00:01:22.060 and the numbers caught the attention of Tesla and Microsoft watchers alike as of May.
00:01:26.440 Ready? More than 80 percent of code merged into Anthropics code base was authored by Claude.
00:01:34.100 Let me say one more time. More than 80 percent of code merged into Anthropics code base
00:01:39.800 was authored by Claude up from low single digits before Claude code launched in February of 2025.
00:01:48.220 We're talking about less than a year and a half. Tom, your reaction to what Elon just said here?
00:01:53.720 We've been seeing this coming for a while.
00:01:56.340 But what's interesting is we've also seen the analysis that says the number of job openings for software engineers has been increasing.
00:02:06.500 Well, wait a minute.
00:02:07.400 What does that software engineer do?
00:02:09.720 Are they basically performing DevOps functions?
00:02:13.580 Are they more like product leaders?
00:02:15.840 Is that what they're doing?
00:02:17.340 But the individual coding is happening through the AI engine.
00:02:22.280 And that's the reconciliation I'm looking forward to understanding that, because on one hand, they're saying coding, but there's more to software engineering than just the coding, right?
00:02:33.780 There's all of the application build, the outcome, the human interaction.
00:02:38.340 You're getting all the feedback on there, and then you've got the product people.
00:02:42.680 So AI can do all that in some form and more, but I think what we're really talking about is like that phone call they were talking about.
00:02:52.280 that you were talking about, that was an existing application that existed
00:02:56.260 that what was happening in the background with AI was basically optimization, correct?
00:03:02.060 Absolutely.
00:03:03.020 Right, so you already had a customer construct, and you had a customer need,
00:03:08.520 and you had a person from the company on the phone.
00:03:11.400 AI is listening and giving you a bid optimization on the fly.
00:03:15.640 So that's where I see the speed.
00:03:17.740 So I don't think this is the death of software engineering,
00:03:20.820 But I do think that if you're a coder and you're working 12 hours a day and you were just, you know, hands on keyboards, as they say, I think that class of people, that's where it's going.
00:03:32.720 And I want to see where all those jobs right now, because the number of job openings for software engineers is up big percent over last year.
00:03:41.140 I want to know, okay, when the dust clears, what are all these people doing?
00:03:44.680 Are they really the product leads and ideation and working on the customer side?
00:03:49.040 because what Musk is saying is they're not going to be the fingers coding.
00:03:53.220 This is very normal, right?
00:03:55.000 If you go back, there used to be entire buildings full of people doing computations.
00:03:59.000 They literally were settling the books.
00:04:01.120 They were writing down in the physical ledger, you know, what is the revenue?
00:04:04.780 What are the expenses?
00:04:05.780 And you would have floors and floors of people.
00:04:08.080 Now Excel does all of that.
00:04:09.960 And so if you were to look at the percentage of computations that occur inside of a business,
00:04:14.040 80%, 90% of them are all done in some sort of technology or automated fashion, right?
00:04:19.740 So, of course, code going that way, it feels crazy when you're kind of living through it.
00:04:23.680 But it's like the first time somebody saw Excel, you know, and so maybe a pivot table.
00:04:27.640 They probably had their mind blown like, oh, my God, it's going to take everyone's job.
00:04:30.480 The truth is that actually just made everyone more productive.
00:04:32.480 And so Bach's CEO, Aaron Levy, he had a great post about the impact of AI on jobs recently.
00:04:39.480 He said that the jobs data coming out continues to suggest the opposite of what a lot of people thought would happen.
00:04:44.060 And his example that he uses is engineering, which Tom is talking about.
00:04:46.100 He says, as the prime example of the area where greatest AI impact happens in engineering, most companies now have far more software projects than ever because of AI, and effectively only engineers are going to be the ones doing the work.
00:04:59.140 So you would think, wait, AI is supposed to be replacing the engineers, right?
00:05:01.860 He goes, no.
00:05:02.840 You can get by for a while by being non-technical building software, but eventually someone has to understand what the thing is that got built, right?
00:05:10.680 He says, somebody's got to maintain it.
00:05:12.180 They got to fix the security issues that come up.
00:05:13.680 They got to upgrade the systems and so on.
00:05:15.440 That's all jobs.
00:05:16.820 And so you can go and you can vibe code things.
00:05:19.120 But if you vibe code it and then something breaks,
00:05:21.920 sure, could you go ask the AI?
00:05:23.300 Yeah, and it'll fix some aspects of it.
00:05:25.160 But then how do you integrate it to your existing business
00:05:27.400 or your existing system?
00:05:28.420 Like, you're still going to need engineers.
00:05:30.500 And I think his point is,
00:05:31.720 and he's got a front row seat to this,
00:05:33.320 AI is going to replace some of the work of the engineers.
00:05:35.760 But actually, we need more engineers
00:05:37.300 because now the company can do more. 0.84
00:05:38.920 Tie that back.
00:05:39.500 Why is Eli Lilly's revenue up 55%?
00:05:41.640 Why is NVIDIA and all these companies accelerating so hard?
00:05:45.060 It's because they realized I can get more productivity.
00:05:47.920 So actually let's go hire more people so we can go faster.
00:05:50.860 And I think that's probably the biggest thing I've changed my mind on AI
00:05:53.400 is I thought it was going to take everyone's job too.
00:05:55.840 And then when I started looking at the data, the exact opposite is happening.
00:05:58.200 It's creating an immense amount of jobs.
00:06:00.200 This thing is going to make people wealthier.
00:06:02.020 It's going to make them happier.
00:06:03.100 It's going to make them much more healthy.
00:06:04.860 And I think ultimately it's going to create more jobs.
00:06:06.200 What do you think about what Bernie Sanders and even Elon saying
00:06:09.660 that eventually we are going to have UBI
00:06:11.380 because of what's going to happen with the wealth disparity?
00:06:13.180 Do you think that's going to take place?
00:06:15.180 Well, I think that those two guys are coming at the problem from two different angles.
00:06:18.840 For sure.
00:06:19.160 I think that Elon is saying, hey, there's going to be so much technology innovation that ultimately you're not even going to need a job.
00:06:25.200 And there's going to be so much prosperity that we can go and we can give money to people.
00:06:30.220 Bernie Sanders is saying the exact opposite, which is like 50 percent equity the government should own, which, by the way, Trump is kind of agreeing with him a little bit on a couple of things.
00:06:37.180 Yeah. My my general take on this is socialism is becoming popular in America.
00:06:44.420 There's just different flavors of it. So you just zoom out for a second.
00:06:47.600 What is the difference between socialism? Let's take from the rich and give to people who don't have a lot.
00:06:53.960 And the government saying, let's take from the money printer and give it to rich people.
00:06:58.540 It's all forms of socialism. So I think part of why you get so much social unrest and division in the country is people are actually fighting.
00:07:06.940 over, who's going to be the recipient of the increasing socialism? What's the form that it's
00:07:12.540 going to infiltrate into our economy, into our society? And what scares me a little bit is that
00:07:19.580 there's not a lot of people holding the line. Republicans, Democrats, rich people, not rich
00:07:24.620 people, local level, national level, everyone's kind of in on the socialism game in different
00:07:30.020 forms or flavors. And so then the question becomes, okay, well, when AI becomes pervasive,
00:07:34.860 now you actually have another person at the table because guess what these companies they realize
00:07:40.720 well white house asset management these guys are they want to do deals i don't know what the track
00:07:46.080 record is in the last couple of days but almost every company at the white house took a stake in
00:07:50.220 invested in etc they're up significantly if you're the ceo of some big company what are you going to
00:07:54.960 do you just show up to the white house hey you can make my stock go up 300 percent what deal you
00:07:59.400 want to do right and so the the incentives take over yeah i think that that's a huge part of the
00:08:03.980 story um yeah i'd love to give perspective on that so i think the the reason for that is that
00:08:08.720 traditionally the biggest barrier to socialism is a strong middle class and you know the more
00:08:13.100 the middle class gets eroded the more susceptible it is to you know drinking the kool-aid of stuff
00:08:17.640 that people like aoc said like oh you're being taken advantage of it's not fair and you know
00:08:21.240 when like the basic costs of living like food housing um energy those things get unaffordable
00:08:26.680 and take up more than half of the average person's wage then they start to have socialist thoughts so
00:08:30.940 I think that's the biggest thing, and to protect against socialism is having the middle class in a position of strength.
00:08:37.120 But I keep going back and forth on this one about, like, are we in the Industrial Revolution equivalent or are we in the dot-com bubble equivalent?
00:08:45.660 Because I could make the case for both.
00:08:47.580 I'm not certain about either one of them, but, you know, I think either could be the case.
00:08:51.120 Like, we could either be, you know, 10 years ahead of radical growth ahead of us with, you know, unprecedented technology and job creation and growth.
00:08:59.980 or this could be a giant bubble because, you know,
00:09:02.800 we are kind of due for a big drop at some point, I would think.
00:09:05.740 I mean, in reality, and, you know, like 80% of the stock market growth
00:09:09.180 and profits have been from AI.
00:09:10.600 So, I don't know, I could see either one of those things being the case.
00:09:14.120 Yeah, I mean, to me, the more and more you're running,
00:09:18.060 you talk to a lot of different people,
00:09:19.980 those who have an incentive for the market to drop,
00:09:23.260 who have cash and are waiting for a discount,
00:09:26.320 they are selling doom and gloom.
00:09:28.280 It's like, hey, man, I want to get a discount.
00:09:30.480 House prices, I hope they go down because I want to use this $100,000 down payment
00:09:33.900 and get it at a discount, and I think it needs to go on a discount.
00:09:38.200 And I think those guys are losing in a big way today.
00:09:40.920 I think they're losing in a big way today because the level of advancement
00:09:45.400 that's happening, in my opinion, is so aggressive and fast that that wealth is coming.
00:09:53.300 Like even when Trump sat down with Kristen Welker on Sunday with, what's it called,
00:09:57.540 Meet the press.
00:09:58.180 I'm sure you saw the interview.
00:09:59.760 And she says, well, you had a really good job report.
00:10:01.880 She says, why don't you say the number?
00:10:02.840 What was it?
00:10:04.640 172,000 jobs.
00:10:05.920 How much should we beat expectations?
00:10:07.440 Go ahead and say it.
00:10:08.420 And she says, three times you beat the expectations, right?
00:10:10.820 So on one end, you're looking at, well, economy's horrible.
00:10:14.480 People are dizzying.
00:10:15.680 Dow is up.
00:10:16.620 NASDAQ's up.
00:10:17.400 SMP's up.
00:10:18.020 Jobs are up.
00:10:18.700 All this.
00:10:19.320 Why is this happening?
00:10:20.380 So I think there's going to be a – those who wait for market crash rather than participating and getting involved will be left behind, in my opinion, in a massive, massive way.
00:10:36.120 My opinion.
00:10:37.300 Massive way.
00:10:38.040 And by the way, I believe it will be such a – and by the way, this doesn't mean that there won't be corrections and stuff happening. 0.91
00:10:44.180 Do I think there could be a possibility of a 20% correction if shit would have hit the fan?
00:10:48.420 Sure, yeah, but I think that 20% is going to follow up by 3X, by 4X, 0.93
00:10:53.260 and then they're going to be sitting there saying,
00:10:54.580 I wish I was in the market involved with this.
00:10:57.060 Rob, do you want to pull up that clip with the president on the plane on Air Force One
00:11:00.300 talking about teaming up with AI?
00:11:02.960 Go ahead, Rob.
00:11:04.420 Potentially taking these equity stakes.
00:11:06.780 Have you spoken to Sam Maltin or any other?
00:11:09.620 No, there's a concept out there.
00:11:11.340 There's so much money and it's so big that there are concepts
00:11:18.420 public, where the American public essentially becomes a partner with the company, with the
00:11:23.620 companies. And I will tell you, yeah, I have, I have spoken all of them. There's something
00:11:28.820 very interesting about it, where it almost becomes a partnership with the American public.
00:11:35.040 And we'll look into that. We are looking, I actually have a meeting scheduled in the very
00:11:40.240 short, very near future with, did you know that, with all of the companies. And we're talking
00:11:47.380 about it where the american people can benefit from the success of ai and by doing that they're
00:11:55.340 going to like it better because we're leading china we're leading everybody in the world with
00:12:00.120 ai and we want to keep it that way it's probably the biggest industry do you agree with that tom
00:12:05.300 to a certain degree remember he liked the opportunity to invest in intel and he thought
00:12:12.640 that having that equity was, like, good for America.
00:12:16.620 So I think these are two different angles.
00:12:18.460 I think Bernie is looking at, I want to tax it and control it.
00:12:21.640 Tax the rich and control it, yeah.
00:12:22.900 Exactly, and I think what he's looking at it is basically,
00:12:26.740 why shouldn't the federal government effectively have opportunities
00:12:30.560 to build an ETF of the companies that help?
00:12:34.400 Oh, no, no.
00:12:35.780 I disagree with that position,
00:12:39.640 but I think that is what the president is kind of saying.
00:12:42.140 That's definitely what he's saying.
00:12:43.200 So we have a way to do this already.
00:12:45.500 It's called the U.S. stock market.
00:12:46.660 The problem is that these companies are not going public.
00:12:48.680 Why are they not going public?
00:12:49.580 Because regulation is too high, the expense is too high,
00:12:51.760 and there's too much capital available in the private market.
00:12:53.480 Just Starbucks.
00:12:54.200 Yeah, they don't need to go public.
00:12:55.900 And so the way that this used to be solved is the companies went public,
00:12:58.900 and you could buy the S&P 500, and you got exposure to the American economy,
00:13:02.200 and you had a stake in the capitalistic system.
00:13:04.600 Now what happens is that all of the returns or a lot of the returns
00:13:08.340 are being created in the private market.
00:13:10.200 SpaceX is a $2 trillion company.
00:13:13.400 Name a teacher, a pension fund, et cetera, that got to invest.
00:13:17.340 Now, some people will argue, well, the pension fund gave money to a venture capitalist who then put money into SpaceX.
00:13:22.060 So there's some indirect ownership there.
00:13:24.140 But what these people want is they want the ability to actually own some of the stake directly in their brokerage account.
00:13:28.800 And so actually a way to do this is to get these companies to go public much earlier.
00:13:33.500 Amazon went public at a $400 million market cap.
00:13:37.300 Anthropic is a trillion-dollar private company.
00:13:39.720 Like, what are we talking about?
00:13:42.100 It goes back to the point you made about the billion-dollar company and the $100 billion company, because I love the story of Apple.
00:13:48.360 I'm going to get this wrong, so somebody got to correct me.
00:13:50.300 I think it took 42 years to get to a trillion in market cap.
00:13:53.460 It took, and I think it was two years and 16 days, or some ridiculous, it's a few days, to get from $1 trillion, Pat, to $2 trillion.
00:14:02.260 And then I think it was 16 months to get from $2 trillion to $3 trillion in market cap.
00:14:09.380 and then barely a year to be, you know, around $4 trillion.
00:14:14.240 So it's amazing.
00:14:16.220 So you add up the last three, it took you 42 years to get to a trillion
00:14:20.420 and basically another three and a half, four years to forex that,
00:14:25.040 which goes to your point about a billion-dollar company doing it
00:14:28.580 versus a $100 billion company, worse to scale, worse to speed.
00:14:31.500 But that makes sense even if you look at sales companies,
00:14:35.560 you look at individuals, you look at YouTubers.
00:14:37.520 Like, how much is Mr. B's YouTube channel growing compared to smaller YouTube channels?
00:14:42.360 What's the likelihood that's going to be able to get to a billion subscribers?
00:14:45.660 You know, in the next couple of years, Mr. B's going to have a billion subscribers, right?
00:14:48.560 Depending on how YouTube controls the algorithm.
00:14:51.500 But his content, what he's creating, 38% of you guys are business owners.
00:14:54.640 If you're a business owner, this is by far the worst season to go through it by yourself.
00:14:58.820 So Vault Conference, if you haven't yet registered, Rob, you may want to play this clip.
00:15:03.740 Every one of us is one relationship away from taking our lives and our business to the next level.
00:15:08.600 I want you to hear the story about what a friend of Elon Musk ended up doing just because of becoming friends with him.
00:15:13.380 Go ahead, Rob.
00:15:14.380 Have you heard about Elon Musk's friend named Antonio Gracios, who allegedly they made in the mid-90s networking.
00:15:19.140 They became friends, and he lent Elon a million dollars, which somehow, someway ends up owning 7.3% of SpaceX.
00:15:26.640 That million dollars today, according to Entrepreneur Magazine, could be worth between $100 billion to $150 billion, making them top 50 richest men in the world.
00:15:36.000 So how did this happen?
00:15:37.080 Every one of us, if you're watching this, you are one contact, one relationship away from changing your business, changing your life.
00:15:43.200 How do you do it?
00:15:44.120 You've got to put yourself out there.
00:15:45.400 If you're not, the way I did it is by going to four to ten business conferences every year.
00:15:49.560 Once a year, we host an event called The Vault Conference.
00:15:52.120 This year, we're doing it at the MGM Grand Arena, August 31st to September 3rd.
00:15:56.120 12,000 people will be attending this event if you haven't yet registered.
00:16:01.140 Your Antonio may be at that event.
00:16:03.340 Click on the link above or below.
00:16:04.660 Get registered.
00:16:05.260 We'll see you there.
00:16:06.360 Again, bring your business partners.
00:16:08.200 A lot of people are bringing their employees.
00:16:09.740 Every year, they're bringing somebody new.
00:16:11.420 If anybody that comes in, they typically bring back 5, 10, 15 people the next year with them.
00:16:15.500 I think one of the companies from France, if I'm not mistaken, is bringing 500 people to the event, to the Vol Conference.
00:16:22.060 but Logan Paul will be there to talk about how to create content
00:16:24.700 and get noisy at a time like this.
00:16:26.220 He's always in the marketplace talking about it.
00:16:28.080 I know he's got a torn triceps, but even that makes it in the news.
00:16:30.760 Stephen Bartlett, fastest-grown podcast in the world from Diary Review's CEO.
00:16:34.360 He'll be there.
00:16:35.300 Jerry Rice and Joe Montana will be sitting down with me
00:16:37.560 to talk about how to find running mates.
00:16:39.760 And last but not least, Dan Martell, the great Dan Martell,
00:16:42.400 will talk about how to use AI, multiple eight-figure exits,
00:16:45.500 author of Buy Back Your Time.
00:16:48.120 They will be at the conference as well.
00:16:49.340 If you enjoyed this video, you want to watch more videos,
00:16:51.180 like this, click here. And if you want to watch the entire podcast, click here.