Gerstner cites Amazon CodeWhisperer reporting 56% increase in engineering productivity from AI coding tools.
“I think Amazon CodeWhisperer, so this is a cogeneration copilot Mhmm. Is reporting that they've seen 56% increase in engineering productivity”
Gerstner claims AI delivers 30 to 50 percent productivity gains to engineers, unprecedented in technology history.
“If you think about what AI is already doing for the enterprise, we're seeing 30 to 50% productivity improvements in engineers. There's never been a technology history of technology.”
Gerstner conducted search experiment with Paul Reeder showing ChatGPT delivered answer instantly versus three to four minutes on Google.
“I said to Paul, you use Google and I'll use ChatGPT. I got the answer instantaneously. It took him three or four minutes of hunting and pecking around.”
Gerstner believes AI will have a bigger impact on economic productivity than the internet itself.
“my sense here is, you know, and I've said the AI is gonna be bigger than the Internet itself in terms of impact on economic productivity.”
Gerstner claims AI will be bigger than the Internet in economic productivity impact despite near-term disillusionment ahead.
“But my my sense here is, you know, and I've said the AI is gonna be bigger than the Internet itself in terms of impact on economic productivity.”
Gerstner says Jensen claims NVIDIA can scale business 2-3x while increasing headcount only 20-25% using AI agents
“This idea that Jensen can scale the business two or three times with, you know, increasing the headcount by, you know, 20 or 25%. Right?”
Gerstner says US productivity growth fell from 2.5-3% in 90s to 1.8% in 2000s to slowest ever in last decade.
“if you look at the 90s our productivity growth in The United States was about 2.5% to 3% a year, okay, and then in the 2000s it slowed down to about 1.8% and then the last ten years has been the slowest productivity growth”
Jensen believes NVIDIA can triple revenue adding only 25% more humans using 100,000 autonomous agents for software and security.
“he thinks they can three X, you know, the top line of the business while only adding 25% more humans because they can have a 100,000 autonomous agents doing things like building the software, doing the security, and that he becomes really a prompt agent,”
Gerstner calculates that 2.5-3.5% annual productivity growth for a decade could substantially reduce the US debt-to-GDP ratio.
“if productivity for the next decade or so was about two and a half to three and a half percent per year, we could achieve substantial reductions in this key ratio of debt to GDP.”