"Renting your ability to do your job"?
I think you're misunderstanding the definition of democratization. This has nothing to do with programmers. It has nothing to do with people's jobs. Democratizing is defined as "the process of making technology, information, or power accessible, available, or appealing to everyone, rather than just experts or elites."
In other words, democratizing is not about people who who have jobs as programmers. It's about the people who don't know how to code, who are not software engineers, who are suddenly gaining the ability to produce software.
Three years ago, you could not pay money to produce software yourself. You either had to learn and develop expertise yourself, or hire someone else. Today, any random person can sit down and build a custom to-do list app for herself, for free, almost instantly, with no experience.
> The improvement in AI models requires billions of dollars a year in hardware, infrastructure, end energy. Do you think that investors will continue to pour that level of investment into improving AI models for a payout that might only come ten to fifteen years down the road? Once the economic bubble pops, the models we have are the end of the road.
10-15 year payouts? Uhhh. Maybe you don't know any AI investors, but the payout is coming NOW. Many tens of thousands of already gotten insanely rich, three years ago, and two years ago, and last year, and this year. If you think investors won't be motivated, and there aren't people currently in line to throw their money into the ring, you're extremely uninformed about investor sentiment and returns lol.
You can predict that the music will stop. That's fair. But to say that investors are worried about long payout times is factually inaccurate. The money is coming in faster and harder than ever.
