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Day 1 / 1:40 PM
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Software Development Now Costs Less Than Minimum Wage

Day 1 / 1:40 PM — one-screen context page for this session.

Slot: 1:40 PM
Day: Day 1
Type: Talk
Speakers: Geoffrey Huntley
Venue: Hyatt Regency Miami
Guide page: Focus.AI Labs style
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Official Session Summary

Pulled from the live conference page.

The cost of software development has fallen to $10.42 an hour—less than minimum wage. A burger flipper at Macca's earns more. What does it mean to be a software developer when everyone in the world can develop software? Tools like Cursor have commoditised the knowledge and skill of software development, enabling non-developers to build and ship. In this talk, Geoffrey Huntley shares a cold, stark view of how AI is reshaping the unit economics of business. Drawing on a year of game theory around Ralph Loops, and conversations with venture capitalists in Australia, South Korea and San Francisco, he explores the K-shaped divergence: model-first companies operating as lean apex predators versus incumbents struggling through people transformation.

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Speaker Background

Quick context on the person or people on stage.

Geoffrey HuntleyLatent PatternsFounder

Founder of Latent Patterns, known for strong takes on software economics, AI-enabled development, and the shifting leverage profile of engineering teams.

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Why This Slot Matters

A compact framing layer for navigating the conference.

This is one of the more substantive abstract-backed sessions on the schedule; worth opening when you need enough context to decide whether to stay in the room.