I dont get all this obsession over LOC. Having a crystal clear vision is the most important thing. If you've got that with conviction, shipping is trivial and not limited by people - you can go raise the money and hire the people to do it.
LOC is not the measure of productivity people think it is. Getting closer to actualising a vision is the true goal.
Im convinced there's two kinds of innovators
1) people who throw stuff at the wall and see what sticks
2) a much much smaller group of people who are very deliberate, methodical and think strategically before investing a dime in producing
LLMs are capable and able to produce value. There's no questioning that - anyone who says otherwise is in absolute denial.
The problem is.... the amount invested makes zero sense and the returns needed to justify the valuations of these firms won't come.
The players in the Tech industry in general have gotten way too ahead of themselves. When this all settles the big danger for MSFT, Google, Meta etc is that investors will trust them with the cash on the balance sheet less - demanding more cash return. Apple will come through this period very strong and end up looking like they played a genius move keeping out of it.