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Dharmesh Shah: evaluation

28 Mar 2025 Latent Space The Agent Network — Dharmesh Shah

“What they don't recognize is that it's not just about the denominator, there's a numerator as well, which is what's the total economic value that's possible. And I would argue that's growing faster than the kind of denominator is, that the actual economic value that's possible as a result of software and what engineers can produce, you know, with the tools that they will have at hand.”

— Dharmesh Shah

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Speaker
Dharmesh Shah
Attribution
Verified speaker
Claim type
evaluation
Recorded
28 Mar 2025
Publisher
Latent Space

Transcript context

…What about software engineering? Do you think it will stay as like a work as a service? Or do you think? I think most companies hire a lot of engineers, but they don't really know what to do with them or like they don't really use them productively. Yeah. And I think now they're kind of hitting this like, you know, crisis where it's like, okay, I don't know what I will price an agent because I don't really know what my people are doing anyway. Yeah. Like, how do you think that changes? I think, so I'm actually bullish on engineers in terms of their kind of long-term economic value. Not despite all the movements in Cogen and all the things that we're already seeing, but because of it. Because what's going to happen as a result of AI, and people have talked about this in even other disciplines, we're going to be able to solve many more problems. The semi-math guy in me is like, okay, so we always say, oh, well, now agents are going to be doing code or whatever. And so there's going to be a million software engineers, you know, virtual digital software engineers out there. And so the value per engineer is going to go down because I'm just in that same mix that I as an engineer. What they don't recognize is that it's not just about the denominator, there's a numerator as well, which is what's the total economic value that's possible. And I would argue that's growing faster than the kind of denominator is, that the actual economic value that's possible as a result of software and what engineers can produce, you know, with the tools that they will have at hand. So I think the value of an engineer actually goes up. They're going to have the power tools, they're going to be able to solve a larger base of problems that are going to need to be solved. Yeah. It feels to me like he'll stay as like work as a service. You're paying for work. I don't think there's like a way to do that.…

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