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Soon nobody will write code by hand , nobody will read it, and nobody will do code reviews. Architecture too will be done by AI.

the one whats unclear to me is, will there still be meetings.

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With AI doing all the work there is more time for meetings. Product folks aren't going to tell AI to make the code, they are going to still have a meeting to yell at someone that their AI generated requirements weren't followed the way they wanted. You'll also need meetings to discuss how more AI can prevent the AI from taking down production so much.

product and engineering will gradually collapse into one role

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