Benchmark General Partner Eric Vishria contrasts traditional developer tool budgets ($10k/year) against full developer salaries ($200k/year) to evaluate AI coding tool upside.
“So if the AI, if you can get AI good enough to eat much more of the 200,000 dollars of value attributed to your software engineer, IT person, it just follows that there's like 20 x more value creation and, like, there will be giant, giant outcomes.”
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More from Eric Vishria
Opinion
Vishria: AI foundational models are fastest depreciating asset in history
“Foundational models are the fastest depreciating asset in human history.”
Eric VishriaSep 25, 2024▶ 31:06Eric Vishria: Where is the Value in AI - Chips, Models or Apps? | E1206 · 20VC with Harry Stebbings
Opinion
Vishria: Career investors are better at investing than former founders
“They're better investors. Also not necessarily better board members, not necessarily better advisors, not necessarily a better bunch of things, but definitely better.”
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Opinion
Vishria: Rapid zero-to-$4M ARR scaling in AI holds almost no value
“I was talking to a team that had gone like this last week, I was talking to a team that had gone like zero to four million, a four person team, zero to four million in four months. Amazing. Like just amazing kind of revenue trajectory. But I put like almost no…”
Eric VishriaSep 25, 2024▶ 25:35Eric Vishria: Where is the Value in AI - Chips, Models or Apps? | E1206 · 20VC with Harry Stebbings
PredictionHeld up
Vishria: Nvidia will not remain the only major AI infrastructure player
“I don't believe NVIDIA is going to be the only game to have content infrastructure layer.”
Eric VishriaSep 25, 2024▶ 0:04Eric Vishria: Where is the Value in AI - Chips, Models or Apps? | E1206 · 20VC with Harry Stebbings
PredictionNot checkable as stated
Vishria: AI platform shift could outgrow all previous tech shifts combined
“We have a major, major shift in AI, which could be bigger than any of these other shifts on maybe combined.”
Eric VishriaSep 25, 2024▶ 0:06Eric Vishria: Where is the Value in AI - Chips, Models or Apps? | E1206 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Vishria: No AI Company Has Yet Demonstrated Software Engineer Replacement
“We're a little ways away from like, from replacing the software engineer right now. We're like a bit away from that. And like, we haven't actually captured that much market value yet. And really no one's demonstrated anything close to that level. Quite yet.”
Eric VishriaSep 25, 2024▶ 24:48Eric Vishria: Where is the Value in AI - Chips, Models or Apps? | E1206 · 20VC with Harry Stebbings
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