Cloud was like this too. You spent all this money as a startup with AWS regardless of whether you made a dollar or not.

I’ve had this sense about AI for a while now and this articulates that feeling far better than I’ve been able to.

Who is responsible for this mess? ;)

This has been a problem since the beginning of tech startups. I worked in a dot-com in the late 1990s. Lots of investor money. New offices. Hundreds of employees. The product was well thought out, fairly well built, and it worked. But they had no customers. It's even in the same market niche as products that today have millions of users, but those folks weren't ready for it in 1999, at least not enough of them and quickly enough to matter.

Building something quickly is only a small part of what it takes to have a successful startup. You must solve a problem for people who are ready for your solution and willing to pay for it.

What's written above is self confirmation that you are better than AI and that you will always have a job because you are better because AI can't build something that works. That stuff about convincing yourself you're building something useful is actually the easy question.

Punching yourself in the face involves telling truths that are incredibly hard to stomach. That you don't matter, that all your years of coding and your identity is about to be consumed by a machine that is superior. The fact that you still hold a rank as a software engineer right now is only because that machine is slightly worse than you. But as it improves, your role becomes meaningless. The life you built your skills around becomes meaningless. It is less about what AI is now and more about the trajectory of AI and what the current AI says about the AI of the near tomorrow. We don't code by hand anymore and this came about in less than 5 years since the popular rise of LLMs. Think about what the next 5 years will bring.

That is punching yourself in the face with reality^^