> Once an AI gets just 1% efficient at automation, it achieves 100% efficiency quickly thereafter This is really optimistic and completely overlooks the 80/20 problems that have plagued both AI automation and traditional automation. The AI sweeps up the easy cases and humans are left to fix, or paper over with heuristics, the remainder. Example? Speech-to-text. It's pretty good and the spread of automated closed capt…
To further support your point, AI is 90% efficient/good at driving. But the last 10% is so hard that some think it's impossible to have 100% self-driving cars.
And same will happen to development. Lots of tasks will be automated and less people will be needed as a result.