AI Makes Software Cheaper But Not Business Relationships

You can vibe-code software, but you can’t vibecode a relationship. Affirm CEO @mlevchin explains that while AI makes software cheaper and faster to build, creating real, cash-flow-producing businesses still depends on trust, partners, and scale that can’t be automated: "AI changes everything - but it doesn't change that much." “We make cash-flow-producing assets known as Affirm loans. There are about 40 million of them made every quarter, and growing quickly. It’s difficult to roll out of bed and say, ‘let’s vibecode that,’ because, while you can vibecode some of the code, getting to our scale requires convincing an enormous number of partners to process tens of billions of dollars of loans." "Those relationships are not vibecoded.”