this post was submitted on 19 Mar 2026
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cross-posted from: https://lemmy.ca/post/61948688

Excerpt:

"Even within the coding, it's not working well," said Smiley. "I'll give you an example. Code can look right and pass the unit tests and still be wrong. The way you measure that is typically in benchmark tests. So a lot of these companies haven't engaged in a proper feedback loop to see what the impact of AI coding is on the outcomes they care about. Lines of code, number of [pull requests], these are liabilities. These are not measures of engineering excellence."

Measures of engineering excellence, said Smiley, include metrics like deployment frequency, lead time to production, change failure rate, mean time to restore, and incident severity. And we need a new set of metrics, he insists, to measure how AI affects engineering performance.

"We don't know what those are yet," he said.

One metric that might be helpful, he said, is measuring tokens burned to get to an approved pull request – a formally accepted change in software. That's the kind of thing that needs to be assessed to determine whether AI helps an organization's engineering practice.

To underscore the consequences of not having that kind of data, Smiley pointed to a recent attempt to rewrite SQLite in Rust using AI.

"It passed all the unit tests, the shape of the code looks right," he said. It's 3.7x more lines of code that performs 2,000 times worse than the actual SQLite. Two thousand times worse for a database is a non-viable product. It's a dumpster fire. Throw it away. All that money you spent on it is worthless."

All the optimism about using AI for coding, Smiley argues, comes from measuring the wrong things.

"Coding works if you measure lines of code and pull requests," he said. "Coding does not work if you measure quality and team performance. There's no evidence to suggest that that's moving in a positive direction."

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[–] justsomeguy@lemmy.world 42 points 10 hours ago (3 children)

Being in an economic bubble during the age of (over)information is really weird. We're getting two articles per day confirming that we're in a big ass bubble but it just keeps on going. I preferred not really knowing how bad things are.

[–] grue@lemmy.world 18 points 10 hours ago

Everybody knew dot-coms in 2000 and houses in 2007 were bubbles, too. But they kept investing anyway, because they didn't know when it would pop and FOMO is a helluva drug.

Also, something to keep in mind: https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/

[–] thisbenzingring@lemmy.today 9 points 10 hours ago (2 children)

prepare for the burst so you can jump in and get the deals of a lifetime

[–] greyscale@lemmy.sdf.org 17 points 9 hours ago (2 children)

With what fucking capital, bro. We've been squeezed already.

[–] thisbenzingring@lemmy.today 8 points 7 hours ago* (last edited 7 hours ago)

my wife and I didn't have but a couple grand saved up, in 2011 we bought our first house at the beginning of the end of the 2008 bubble. We got a house that was extremely cheap compared to the value

when the opportunity comes, make sure to take it

[–] anyhow2503@lemmy.world 6 points 9 hours ago (1 children)

Let's pool together and buy shares for a hundred bucks.

[–] leoj@piefed.zip 1 points 7 hours ago

I've got a fiver to throw in!!

[–] greyscale@lemmy.sdf.org 1 points 9 hours ago

Its this kind of thinking that keeps the market irrational for longer than it should be.

[–] WolfmanEightySix@piefed.social 1 points 6 hours ago

Yep. We’ve been waiting on a big crash for three years now.