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mrandish 2 hours ago

Me too, but it was obviously wildly unsustainable. I was telling friends at xmas to enjoy all the subsidized and free compute funded by VC dollars while they can because it'll be gone soon.

With the fully-loaded cost of even an entry-level 1st year developer over $100k, coding agents are still a good value if they increase that entry-level dev's net usable output by 10%. Even at >$500/mo it's still cheaper than the health care contribution for that employee. And, as of today, even coding-AI-skeptics agree SoTA coding agents can deliver at least 10% greater productivity on average for an entry-level developer (after some adaptation). If we're talking about Jeff Dean/Sanjay Ghemawat-level coders, then opinions vary wildly.

Even if coding agents didn't burn astronomical amounts of scarce compute, it was always clear the leading companies would stop incinerating capital buying market share and start pushing costs up to capture the majority of the value being delivered. As a recently retired guy, vibe-coding was a fun casual hobby for a few months but now that the VC-funded party is winding down, I'll just move on to the next hobby on the stack. As the costs-to-actual-value double and then double again, it'll be interesting to see how many of the $25/mo and free-tier usage converts to >$2500/yr long-term customers. I suspect some CFO's spreadsheets are over-optimistic regarding conversion/retention ARPU as price-to-value escalates.