The Promised Trillion Dollar AI-Coding Market

Forecasts say AI coding will be worth trillions of dollars a year. This essay lists who says so, labels each number by what it is, and names the assumptions the forecasts share.

In plain words

  1. The big numbers about AI coding are mostly guesses about the future, not counts of money already earned.
  2. Almost all of them assume that every new piece of code needs a large AI model, paid by the word, forever.
  3. If working code can be saved and reused, the cost of a repeated job falls toward the cost of the electricity to run it, and those forecasts would be too high.