AI Coding Will Cost More Than Developers by 2028 | AI News

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AI Coding Will Cost More Than Developers by 2028 | AI News

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Gartner projects AI coding costs will surpass the average developer's salary by 2028. The Bank for International Settlements warned the AI investment boom could become a 'protracted bust' — and flagged 'circular financing' where chipmakers and AI labs trade the same dollar back and forth. Alibaba ran 29 million fake conversations to clone Anthropic's Claude. And Baidu's chip unit went from a $3 billion valuation to a $50 billion IPO target in six months.

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