zlacker

>>swyx+(OP)
I'm skeptical about this VSCode fork commanding a $3 billion valuation when it depends on API services it doesn't own. What's their moat here?

For comparison, JetBrains generates over $400 million in annual revenue and is valued around $7 billion. They've built proprietary technology and deep expertise in that market over decades.

If AI (terminology aside) replaces many professional software engineers and programmers like some of its fierce advocates say it would, wouldn't their potential customer base shrink?

Professionals typically drive enterprise revenue, while hobbyists—who might become the primary users—generally don't support the same business model or spending levels.

What am I missing here?

>>retorn+j62
Did powered table saws replace carpenters?

>>djha-s+9C2
Yes. That's the problem. You think the answer is no, but the answer is actually yes.

>>ninety+HU2
Could you elaborate? Power saw operators replaced traditional carpenter?

>>itchyj+WZ3
You can't really make a living anymore being a furniture maker. Even semi-famous people in the industry have a hard time doing it. Only a few make enough to feed their family.

Making cabinets, etc.. sure. But woodworking has drastically changed, and maybe programming is changing that way, too.