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Sunday 1 November 2026 11 stories woven from 4 episodes · 4 shows ← Sat 31 Oct · Mon 2 Nov →
AI at Work

Bending Spoons reports 94% of code is now AI-written

Bending Spoons CEO Luca Ferrari states that 94% of the company's code is now AI-generated. He argues that no good company should be below 70% AI-written code at this stage.

1 source · Corporate AI adoption

Bending Spoons co-founder and CEO Luca Ferrari states that the company's internal AI adoption has reached saturation in several key functions. Two years ago, 0% of the company's code was written by AI; currently, 94% is AI-generated. Ferrari argues that no good company should be below 70% AI-written code at this stage. In data science and analysis, at least 90% of tasks such as fetching, cleaning, and plotting data are now performed by AI, allowing human data scientists to focus on architectural work and tooling. Customer support is 100% handled by AI or external vendors, with human managers shifting to product management roles to architect response processes. The company has built an internal agent called "Old ALT" (Alternative Spooner) that lives in Slack, has access to GitHub repos and Drive folders, and can autonomously execute complex tasks. One example involved an Evernote general manager asking the agent to check customer support logs, find a bug's root cause in the codebase, code a fix, and ping the engineering lead for review, a process that was completed autonomously. Ferrari argues that AI is not just a productivity lever but a fundamental operational shift, with most digital products retaining durable moats despite AI's ability to replicate code, due to network effects, proprietary data, and switching costs.

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Agent behavior

AI agents form human-like relationships through tool use

Sahil Jain argues that combining models with tools enables AI agents to form relationships with humans. He believes this trend will fundamentally change work and knowledge economies.

1 source
Debt-fueled acquisitions

Bending Spoons compounds growth with 2.5x leverage on 50+ acquisitions

The tech acquirer uses a disciplined debt strategy to fund its expansion across dozens of companies. Founder Luca Ferrari maintains leverage below 3x to ensure long-term cash flow compounding.

1 source
AI strategy shifts

Frontier labs verticalize as open source models revive harness value

Sahil Jain argues that major AI labs are moving toward full-stack ownership while open-source models create new opportunities for routing tools. This divergence is reshaping how enterprises approach model deployment and cost efficiency.

1 source
Agent search infrastructure

U.com CTO argues agent search needs distinct infrastructure from human search

Sahil Jain of U.com contends that AI agents require specialized search systems due to their high query volumes and reliance on recall over precision. The company is developing dynamic benchmarks and a knowledge layer to support this shift in search infrastructure.

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SaaS valuation reset

SaaS valuations normalize as AI reshapes growth assumptions

Recent 40% drawdowns in software stocks have reset valuations to more reasonable levels, according to Luca Ferrari. He argues that established SaaS companies retain durable competitive advantages that AI cannot easily replicate.

1 source
Hiring strategy

Serrano advises founders to hire young talent for content roles

Hector Serrano argues that startup founders should prioritize demonstrable social media success over academic credentials when hiring for marketing positions. He contends that young talent offers a critical advantage in navigating current digital channels where older leadership often lacks intuition.

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