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This is a compelling argument, but the claim that productivity is approaching 0 needs more sources. I suspect it's far easier to build applications usable by billions of people than at any other time in history. This is likely afforded by some computational inefficiency.
Mostly loved the talk, but I feel that this argument that web companies have X employees but their product doesn't improve doesn't say much about developer productivity. Take PyTorch, for example. A lot of work went into it at Facebook but that is not evident to consumers.
How many things are people working on that don t pan out ? Maybe the productivity of people designing the Twitter web experience is approaching zero. Maybe the twitter managers are incompetent and make the programmers write things that never get used. Lots of confounding vars
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