""Claude is transforming software development, full stop, at Snap in every part of our organization. That's happened really quickly. I think the rate at which these models are getting better is just extraordinary.""
""I think people are going to reallocate more resources away from things like software engineering, for example, to distribution in order to grow faster.""
""It's hard as a brand today to get visibility, to get traction. That's only becoming more valuable at this moment in time.""
Snap's CEO Evan Spiegel stated that AI is significantly reshaping the company's operations, with more than two-thirds of new code now generated by AI. He highlighted the rapid advancements in AI tools like Anthropic's Claude, which are transforming software development across the organization. As software building becomes easier, Spiegel anticipates a shift in resource allocation, with companies focusing more on distribution rather than engineering. This trend is evident across major corporations, leading to fewer bottlenecks in coding and increased competition for brand visibility.
Read at www.businessinsider.com
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