A little bit of history repeating? Déjà vu lessons for AI code development

In a recent podcast with Jon Reed, I made a brief comparison to the problems low-cost spreadsheets triggered years ago and how I was seeing parallels to new AI deployment/development tools today. Here’s the full analysis on this observation and the implications for firms everywhere.

AI providers, application software vendors and others are pitching the process automation, code generation and other capabilities of their AI-powered products. Their tools can create some incredible outputs, quickly. For example, they can:

• Create highly summarized documents
• Narrate financial statements and other long, complex documents
• Generate software code quickly
• Test & troubleshoot code, possibly better than many IT people
• Integrate a new AI-built app to a firm’s existing application software
• Generate applications from videos (I’ve actually seen this happen)
• String together multiple agents into processing long workflows
• Etc.

The code generation capabilities are intriguing and often capture a lot of software ...