Noel Minchow

Navigating the AI bubble, the 10x AI engineer, and the Cloudflare vs. Perplexity data grab

August 28th, 2025  |  44 mins 26 secs

ai, panel

Is the AI industry an unsustainable bubble built on burning billions in cash? We break down the AI hype cycle, the tough job market for developers, and whether a crash is on the horizon.

In this panel discussion with Josh Goldberg, Paige Niedringhaus, Paul Mikulskis, and Noel Minchow, we tackle the biggest questions in tech today.

• We debate if AI is just another Web3-style hype cycle
• Why the "10x AI engineer" is a myth that ignores the reality of software development
• The ethical controversy around AI crawlers and data scraping, highlighted by Cloudflare's recent actions

Plus, we cover the latest industry news, including Vercel's powerful new AI SDK V5 and what GitHub's leadership shakeup means for the future of developers.

Resources

Anthropic Is Bleeding Out: https://www.wheresyoured.at/anthropic-is-bleeding-out
The Hater's Guide To The AI Bubble: https://www.wheresyoured.at/the-haters-gui
No, AI is not Making Engineers 10x as Productive: https://colton.dev/blog/curing-your-ai-10x-engineer-imposter-syndrome
Cloudflare Is Blocking AI Crawlers by Default: https://www.wired.com/story/cloudflare-blocks-ai-crawlers-default
Perplexity is using stealth, undeclared crawlers to evade website no-crawl directives: https://blog.cloudflare.com/perplexity-is-using-stealth-undeclared-crawlers-to-evade-website-no-crawl-directives
GitHub just got less independent at Microsoft after CEO resignation: https://www.theverge.com/news/757461/microsoft-github-thomas-dohmke-resignation-coreai-team-transition

Chapters

0:00 Is the AI Industry Burning Cash Unsustainably?
01:06 Anthropic and the "AI Bubble Euphoria"
04:42 How the AI Hype Cycle is Different from Web3 & VR
08:24 The Problem with "Slapping AI" on Every App
11:54 The "10x AI Engineer" is a Myth and Why
17:55 Real-World AI Success Stories
21:26 Cloudflare vs. AI Crawlers: The Ethics of Data Scraping
30:05 Vercel's New AI SDK V5: What's Changed?
33:45 GitHub's CEO Steps Down: What It Means for Developers
38:54 Hot Takes: The Future of AI Startups, the Job Market, and More

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