The code you can't explain

AI agent loops have made code fast and cheap to generate. The hard part, knowing what to build and staying in ownership of it, is still entirely yours.

When your TAM is bigger than US GDP

SpaceX just paid $60 billion for a coding tool. The price is interesting. The justification -- a $26 trillion addressable market -- reveals more about how we price AI right now than about what it's actually worth.