AI Coding Created a New Attention Market

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For most of the history of software, the developer was the bottleneck. Code moved as fast as someone could read, reason, and type. Agentic coding tools changed that arrangement. In Claude Code, Cursor, and Codex, a developer now describes a task, the agent goes off to read the repository, run commands, and propose changes, and the developer waits for the result.

The individual waits are not long. A focused refactor might take under a minute, and a change that touches several files might take a few. But they happen dozens of times a day, and together they have created a new pattern in how developers spend their working hours: short, repeated stretches where their eyes are on the screen and their hands are off the keyboard.

That pattern is worth looking at closely, because almost every major attention market in the last century started with the same thing: a new...

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