Cognition co-founder Russell Kaplan discusses public sector IT spending and legacy government codebases.
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Kaplan: Cognition measured 6x to 12x productivity gains with Devin in 2024
“And, you know, relatively quickly by like late 20, 24, we were measuring You know, somewhere between a six to 12 x productivity gain for those types of projects. Meaning that, you know, one hour of human time spent managing Devin was worth like six to 12 hours…”
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Kaplan: Software will enter hyper-deflation and output will jump 1000x
“We're going to enter this like hyper deflationary cycle of software where it's so easy to build. It's so abundant. That doesn't mean that people are going to, you know, stop producing software. They're actually going to produce thousands of times more software…”
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Kaplan: AI will cause an explosion in small businesses
“One thing I'll go on the record on is I think there's going to be an explosion in small businesses. I think AI is actually like an extremely small business enabling technology in particular”
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Kaplan: Devin became top contributor to own codebase by Summer 2024
“It took us until Summer of 2024 for Devon to become the number one contributor to its own code base, like which was like the first real milestone.”
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Kaplan: Major regulated firm automatically resolves 70% of security alerts with Devin
“One of the largest regulated firms in the world, they do very thorough sort of security vulnerability scanning on their code... And they're remediating 70% of these automatically now in production with Devon.”
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Kaplan: English specifications will eventually replace code as the source of truth
“And eventually, you know, are we going to like have English as a source of truth and people are just going to be collaborating on specs? Yes.”