Anthropic CEO Dario Amodei Predicts AI Will Replace Software Engineers Soon
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 14h ago
0mins
Source: Benzinga
- Software Engineering Transformation: Anthropic CEO Dario Amodei predicts that within the next 6 to 12 months, AI models will take over most tasks currently performed by software engineers, marking a significant industry shift that could lead to widespread job losses.
- Manual Coding Abandonment: Amodei noted that engineers at Anthropic have already ceased manual coding, opting instead to rely on AI models to generate code, which not only enhances efficiency but could also reshape the entire software development process.
- Self-Improvement Loop: Amodei explained how AI models create next-generation models through mutual generation, establishing an acceleration loop that will directly impact the speed and quality of software development as this loop closes rapidly.
- Job Automation Risks: Amodei's prediction aligns with trends seen in companies like Microsoft implementing AI tools in retail, with experts warning that AI could replace millions of jobs by 2026, leading to profound societal implications.
Analyst Views on MSFT
Wall Street analysts forecast MSFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSFT is 631.36 USD with a low forecast of 500.00 USD and a high forecast of 678.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
32 Buy
2 Hold
0 Sell
Strong Buy
Current: 454.520
Low
500.00
Averages
631.36
High
678.00
Current: 454.520
Low
500.00
Averages
631.36
High
678.00
About MSFT
Microsoft Corporation is a technology company. The Company develops and supports software, services, devices, and solutions. The Company’s segments include Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of products and services in its portfolio of productivity, communication, and information services. This segment primarily comprises: Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of server products and cloud services, including Azure and other cloud services, SQL Server, Windows Server, Visual Studio, System Center, and related Client Access Licenses (CALs), and Nuance and GitHub; and Enterprise Services, including enterprise support services, industry solutions and Nuance professional services. The More Personal Computing segment primarily comprises Windows, Devices, Gaming, and search and news advertising.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
