It's not pure hype. The linear trendline of AI in the last couple of years from chatbot to autocomplete to agentic coding does point to developer replacement in a couple years.

Now mind you a trendline is a predictor and the trends don't always travel in a line. The future is unknown but a trendline that makes the prediction of AI taking over in a couple of years is not an unrealistic prediction simply because of past progress. That is the most probably conclusion given the information we have.

Discarding that as just "hype" just means you're not being very rational or logical which is normal given we're on HN.

I of course cannot read his mind but he has been very consistent, even before he was raising money