Then, on February 5th, two major AI labs released new models on the same day: GPT-5.3 Codex from OpenAI, and Opus 4.6 from Anthropic (the makers of Claude, one of the main competitors to ChatGPT). And something clicked. Not like a light switch… more like the moment you realize the water has been rising around you and is now at your chest.
I am no longer needed for the actual technical work of my job. I describe what I want built, in plain English, and it just… appears. Not a rough draft I need to fix. The finished thing. I tell the AI what I want, walk away from my computer for four hours, and come back to find the work done. Done well, done better than I would have done it myself, with no corrections needed. A couple of months ago, I was going back and forth with the AI, guiding it, making edits. Now I just describe the outcome and leave.
There can still be a huge bubble to pop and still have it be just as transformative as the author thinks it will be
The Internet itself is a prime example, it similarly was massively over-hyped for the time. The bubble grew and popped and while billions of monies were lost and a lot of companies went under, ultimately it did little to stop or even slow the transformative-ness of it (for better or for worse). In the end, it didn’t even slowdown online shopping.
But I think he was also exaggerating to a point, because like you said he’s personally invested even if he’s not “laying the foundation”. But, how much is he off? A couple years? 5 or 10? That’s still not a lot of time to lay preparations with properly functioning governments and considering the current state of affairs as it is…
There’s a great rebuttal to Shumer’s post, Why I’m not worried about AI job loss.