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> no way to justify their valuations if they get downgraded to a pair programming tool

I think there is. Pair today doesn’t mean they’re locked into that forever.

you always post about valuations but never share your own.

go ahead m8 we are all waiting... the stage is yours. lets see your model.

Their valuations don't make sense as just programming tools, period. Forget about if they are still human driven.

> Their valuations don't make sense as just programming tools, period

Yup. I think we agree. These valuations aren’t made or unmade by whether their tools are being used as vibe agents or pair programmers.