Predicting the Time Frame for AI Doubling Efficiency of Developers

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Magic.dev CEO Eric Steinberger on making developers bionic | E1744

This Week in Startups

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Predicting the Time Frame for AI Doubling Efficiency of Developers

The average developer's efficiency with AI will double in a shorter time frame than Moore's law predicts/nThe first AI doubling may have already happened for some developers/nThere will be an inflection point where AI is reliable enough to write code and make a pull request

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Today’s show:

Jason is joined by Magic.dev CEO and Co-Founder Eric Steinberger to discuss how his startup makes developers more efficient with AI by auto-generating code. The first portion of the interview features Eric demoing his software. Then, Jason and Eric dive into the impact that these rapid AI advancements will have on society (31:28), how their tools have the potential to significantly minimize coding time and what that means for entrepreneurship (13:55), and much more!

Time stamps:

(00:00) Eric Steinberger joins Jason

(1:44) Eric and Jason explain what Magi.dev is

(3:43) Eric Demos Magic.dev

(9:13) What makes this AI model unique

(11:02) Crowdbotics - Get a free scoping session for your next big app idea at ⁠http://crowdbotics.com/twist⁠

(12:11) Magic.dev's motivation behind building their own language model

(13:55) The efficiency gains achieved with Magic.dev

(17:32) Exploring reinforcement learning and grounding the AI model

(19:45) Microsoft for Startups Founders Hub - Apply in 5 minutes for six figures in discounts at http://aka.ms/thisweekinstartups

(21:19) The two parallel paths unfolding

(23:57) How close we are to developing more capable AI systems