Do you know what happens to every industry when they get too fast and slapdash?
Regulation.
It happened with plumbing. Electricians. Civil engineers. Bridge construction. Haircutting. Emergency response. Legal work. Tech is perhaps the least regulated industry in the world. Cutting someone’s hair requires a license, operating a commercial kitchen requires a license, holding the SSN of 100K people does not yet.
If AI is fast and cheap, some big client will use it in a stupid manner. Tons of people can and will be hurt afterward. Regulation will follow. AI means we can either go faster, or focus on ironing out every last bug with the time saved, and politicians will focus on the latter instead of allowing a mortgage meltdown in the prime credit market. Everyone stays employed while the bar goes higher.
It's not just going to be software. We will absolutely be experiencing vibe law, vibe medicine, vibe legislation even. It'll be so much vibing that it's not worth saying the word anymore.
At the very least, the EU will regulate, and most other countries will copy. At that point the US will either need to regulate or watch it's software exports go to zero, with consequent impacts on their stock markets.
I've been saying this for a while, but within a generation, software will be as regulated as finance.
Regulation.
It happened with plumbing. Electricians. Civil engineers. Bridge construction. Haircutting. Emergency response. Legal work. Tech is perhaps the least regulated industry in the world. Cutting someone’s hair requires a license, operating a commercial kitchen requires a license, holding the SSN of 100K people does not yet.
If AI is fast and cheap, some big client will use it in a stupid manner. Tons of people can and will be hurt afterward. Regulation will follow. AI means we can either go faster, or focus on ironing out every last bug with the time saved, and politicians will focus on the latter instead of allowing a mortgage meltdown in the prime credit market. Everyone stays employed while the bar goes higher.