> Competition will be dynamic because people have agency. The country that is ahead at any given moment will commit mistakes driven by overconfidence, while the country that is behind will feel the crack of the whip to reform. … That drive will mean that competition will go on for years and decades.
https://danwang.co/ (2025 Annual letter)
The future is not predetermined by trends today. So it’s entirely possible that the dinosaur companies of today can’t figure out how to automate effectively, but get outcompeted by a nimble team of engineers using these tools tomorrow. As a concrete example, a lot of SaaS companies like Salesforce are at risk of this.