I've never worked with a junior developer that was incapable of learning or following instructions unless I formatted them in a specific way.

How do you guys read through an article this fast after it's submitted? I need more than 1 hr to think this through.

As with any investing there's a risk appetite/timescale component to thinking about this stuff. Lots of companies went to zero in the dot-com bubble. Even Amazon was down over 90% between the end of 1999 and late 2001, and took until 2007 to recover to its high. NASDAQ overall took 15 years to return to its March 2000 high. Some incredible returns to be had if you waited it all out, to be sure, but it's hard to know what the interim looks like.

You can write projects with LLMs thanks to tools that can analyze your local project's context, which didn't exist a year ago.

You could use Cursor, Windsurf, Q CLI, Claude Code, whatever else with Claude 3 or even an older model and you'd still get usable results.

It's not the models which have enabled "vibe coding", it's the tools.

An additional proof of that is that the new models focus more and more on coding in their releases, and other fields have not benefited at all from the supposed model improvements. That wouldn't be the case if improvements were really due to the models and not the tooling.