I think most public companies will take the short term profits and startups will be given a huge opportunity to take market share as a result.

At my company, we are maintaining our hiring plan (I'm the decision maker). We have never been more excited at our permission to win against the incumbents in our market. At the same time, I've never been more concerned about other startups giving us a real run. I think we will see a bit of an arms race for the best talent as a result.

Productivity without clear vision, strategy and user feedback loops is meaningless. But those startups that are able to harness the productivity gains to deliver more complete and polished solutions that solve real problems for their users will be unstoppable.

We've always seen big gains by taking a team of say 8 and splitting it into 2 teams of 4. I think the major difference is that now we will probably split teams of 4 into 2 teams of 2 with clearer remits. I don't want them to necessarily delivery more features. But I do want them to deliver features with far fewer caveats at a higher quality and then iterate more on those.

Humans that consume the software will become the bottlenecks of change!

"But those startups that are able to harness the productivity gains to deliver more complete and polished solutions that solve real problems for their users will be unstoppable."

They'd be unstoppable irrespective of LLMs. Why do you think Zuckerberg acquired Instagram? He literally tried copying it and failed. Instagram at the time was absolutely tiny in terms of pure labour, relative to Facebook.

Most people on hacker news are missing the point. Productivity gains for the sake of perceived productivity gains is not what creates economic value. Its not the equivalent of a factory all of a sudden becoming more productive in producing more of the same stuff. Not comparable at all.