It is widely accepted that there is an AI bubble in the financial markets at the moment. The moderate opinion is however that LLMs are constantly improving and will eventually take over more and more tasks from humans and increase productivity. But are LLMs actually getting smarter, or just better at fooling us?\n
The biggest problem with LLMs doing code is erosion of expertise. You need to know enough to judge whether an LLM’s code is good, but people who use LLMs for their whole career probably won’t develop expertise, and the people who didn’t learn programming with Claude’s help will retire, probably leaving no one who can tell the quality of the LLM’s output