Is that really true? Software created an incredible amount of new types of jobs and markets.

That's a problem with all tax havens. They drastically increase inequality and inflate assets, especially housing and rent.

Australia isn’t a tax haven, it’s a tax supermassive black hole.

And we have wildly out of control inequality, inflated asset prices, and unaffordable housing, out the wazoo.

Money describes prices, not value.

Ireland is a tax haven though?

>Ireland is a tax haven though?

For select megacorps that have the luxury of being in a business that lets them structure themselves that way, sure.

For the laboring peasantry it's a very different story (though the actual rates vary, this goes for most "tax havens"). Ireland in particular has a high VAT so if you spend a lot of your income on consumption (which most individuals do) you will get very screwed by that.

Definitely not a tax haven for the population. It has the highest income redistribution in Europe.

A big one. Corps love BEPS.

https://en.wikipedia.org/wiki/Ireland_as_a_tax_haven

I'm a bit ashamed that I never visited. Just recently realized that I definitely want to go there soon.

That's mixing up the tool with what it is used for.

Also 130'000 seems to be moderate. It beats expectations but is only slightly above what is needed to keep employment stable.

> but when it comes to the hard stuff they still suck.

Also much of the really annoying, time consuming stuff, like frontend code. Writing UIs is not rocket science, but hard in a bad way and LLMs are not helping much there.

Plus, while they are _very_ good at finding common issues and gotchas quickly that are documented online (say you use some kind of library that you're not familiar with in a slightly wrong way, or you have a version conflict that causes an issue), they are near useless when debugging slightly deeper issues and just waste a ton of time.

Some people do to a degree. Just not quite in the sense that this headline suggests.

There are now approaches were the prompt itself is being structured in a way (sort of like a spec) so you get to a similar result quicker. Not sure how well those work (I actually assume they suck, but I have not tried them).

Also some frameworks, templates and so on, provide a bunch of structured markdown files that nudges LLM assistance to avoid common issues and do things in a certain way.

But there is functional equivalence. While I don't want to downplay the importance of performance, we're talking about something categorically different when comparing LLMs to compilers.

Not when those LLMs are tied to agents, replacing what would be classical programming.

Using low code platforms with AI based automations, like most iPaaS are now doing.

If the agent is able to retrieve the required data from a JSON file, fill an email with the proper subject and body, sending it to another SaaS application, it is one less integration middleware that was required to be written.

For all practical business point of view it is an application.