The former CEO of Google just described how one programmer runs an AI agent from 7 PM to 4 AM. He wakes up, eats breakfast, and reviews what got invented overnight. Eric Schmidt says what's happening right now is "mind boggling". Schmidt says the very best programmers have always been worth ten times more than the ones right below them. That was true before AI but now those people become even more valuable because they are the only ones who can actually control these systems. Everyone else becomes replaceable. The real prediction is about the shape of the entire economy. Schmidt says we are heading toward a small number of very large companies and a massive number of very small companies. The middle disappears because when AI can do the work, you just do not need as many people anymore. This is already showing up in real hiring data. Stanford research found a 20 percent drop in hiring for early career developers since late 2022. Some companies say AI now writes 70 to 90 percent of their product code. Teams that needed ten junior engineers now run with two seniors and an AI agent. Schmidt has been warning about this for two years. The difference now is that the numbers are catching up to the prediction. ...