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The 10-year US Treasury bond yield has climbed above 5.25%, and the S&P 500 hasn’t flinched. The stock index is just 2.2% below our year-end target of 7,900. It could overshoot our target in the coming days now that crude oil shipments from the Persian Gulf producers reportedly are averaging around 98% of pre-war totals,…

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The dominant narrative aroundAIinsoftware engineeringrevolves aroundcode generation. Autocomplete, test generation, entire functions written from aprompt— the demonstrations are impressive, the claims are ambitious and anyone reading aboutAI-assisted engineeringmight reasonably conclude that AI is good for helping people write code faster.