Affirm is on its way out anyway, so really this is one last Hail Mary to try to prop up the company, they don’t have much left to lose.
"over 60% of our pull requests (PRs) are agent-assisted" is a pretty low bar these days.
The off the shelf tools (Claude Code/etc) are all good enough that basically every PR should probably be LLM assisted at this point.
It's good for them that they have made progress, but "assistance" is not really at the frontier of what people are trying to get to.
The real question for software engineering is: how can we get to the point where simple prompts get to production quality code without human intervention. Human review is still ok, but we want to get getting to the point where most PRs are one shot, or with the LLM proactively asking the questions that are necessary, not the human having to repeatedly re-review the same code multiple times for quality.
Of course after that the goal is taking the hands off the wheel entirely, just purely filing tickets.
So far I think we're mostly just waiting on model improvements or accepting that the code we get is garbage, but I would love to hear people's experiences taking their hands off the wheel in production settings.
They kept getting surprised by how many of their loans go unpaid on top of all that.
So they are lending to the riskiest consumers, and they kept underestimating the risk, though they might have fixed that. The past three quarters they have finally become profitable, but given their portfolio of risky consumer loans that are unsecured, any kind of economic downturn could really hurt them.
They aren’t really on their way out right now, but they are in a dangerous position if, say, some global economic event were to cause a massive economic shock…
You seem to be speaking from what you’ve heard through social media and sheer ignorance.