THE GREAT FLATTENING

Summary from the TLDR newsletter

The backlog is becoming less of a capacity problem and more of a choice as intelligence costs drop. AI allows people to execute a hundred ideas for the cost of one, allowing founders to build them all and find out which ones matter. The constraint shifts from 'can we build it?' to 'can we identify what to build, and can we sell it?' The companies that see this are already flat by design: fewer engineers, larger token spend, faster shipping, and a direct line from a customer's sentence to merged code.