VC: coding agents are our Spinning Jennies — the automobile hasn't been built yet

MartinGTobias · x · 2026-11-04

Investor Martin Tobias offers an analogy: coding agents are to this revolution what the Spinning Jenny was to the Industrial Revolution — the first act of automating a skilled cognitive task. The "automobile" of this revolution, something impossible while thinking was scarce, probably hasn't been built yet. He asks readers what it will be.

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