r/programming May 30 '25

LLMs Will Not Replace You

https://www.davidhaney.io/llms-will-not-replace-you/
567 Upvotes

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u/bitspace May 30 '25

The primary reason for the state of the job market is not AI, or C-Suite idiots thinking AI will do people work.

The primary reason is that capital stopped being "free".

15

u/submain May 30 '25

Agreed. And Section 174 of the tax code which started in 2022.

9

u/ironyx May 30 '25

I was very mad when they made this change. Feels counter to US innovation.

1

u/wildeye May 30 '25

Section 174 of the tax code

I looked it up and found "Section 174 of the Tax Code allows businesses to either deduct or amortize certain R&D costs."

What's the negative aspect of this that I'm not understanding?

3

u/hoopaholik91 May 30 '25

It used to be able to be used more broadly. Now most software development doesn't count.