Consider the people younger than you. Who are literally shutting their brain off so AI can cheat on their essays and exams. They aren't going to be good architects or code reviewers.

>- Are we really in for a crash?

The question you should really be asking is, is AI really overvalued, or is it so useful it justifies all the hype that surrounds it? If the former, then yes, a crash is inevitable, because we don't live in the land of make-believe. If a crash never happens then AI was not overvalued, it was valued appropriately.

My desire for the latest and greatest continues on, but my need for it in order to get any value out of it at all is much, much smaller. The in-practice delta between all the versions since 4.5 have been much more subtle than, say, the models available a year before Opus 4.5 and Opus 4.5.

The bleeding edge is going to have to earn its price delta. They can't count on me wanting to upgrade just to get something halfway decent anymore.

The problem is rather, I think, that people always want to use the latest and greatest models. And that training is super expensive.

Potentially we’ll just see less new model releases.

Theoretically, there's a lot of room for marginal work where developer time isn't worth the cost for the output but tokens are cheap enough to make it worthwhile. Very little of that work ends up being customer facing though, so it isn't actually a growth opportunity for the company.