Last quarter I announced a milestone. 30% of our code is now written by AI. I called it "engineering velocity." The board loved that phrase. They didn't ask what the code does. Neither did we. It compiles. Usually. That's the metric. Someone asked about testing. I said "AI-assisted quality assurance." That means the AI writes the tests too. For the code it wrote. It finds no issues. Very efficient. This week we admitted Windows 11 core features are broken. Audio doesn't work. Explorer crashes. Updates fail to install. Users asked why. I said "we're investigating." Investigating means reading the code. The code the AI wrote. That no human understands. Because understanding isn't scalable. Our CTO says 95% of code will be AI-generated by 2030. I believe him. I have to. We fired the people who would check. They were "non-essential headcount." Essential means writes code. AI writes code. Humans are overhead. Overhead gets optimized. We optimized 10,000 engineers last year. This year the bugs arrived. Unrelated, obviously. The engineers we kept are debugging AI output. They don't understand it either. But they're "cross-functional." Cross-functional means they do everything. Everything means nothing well. A user asked why their audio disappeared after an update. I said "install updated drivers." They asked why the update broke the drivers. I said "report it via Feedback Hub." They asked what happens to feedback. I said "it helps us prioritize." Prioritize means add to backlog. Backlog means never. But politely. Someone on Hacker News called this "a privacy and consent disaster." I called it "an evolving user experience." Same thing. Different framing. We released a fix. The fix broke something else. The something else was also written by AI. The fix was also written by AI. They're collaborating now. I call it "autonomous iteration." The autonomous iteration has created 47 new bugs. Each bug spawns a fix. Each fix spawns two bugs. Exponential growth. Just like our stock price. Unrelated, obviously. Satya told Mark we're at 30%. Mark said he didn't know Meta's number. Sundar said Google is also at 30%. None of us know what the code does. But we know the percentage. Percentage is a metric. Metrics go in earnings calls. Earnings calls move stock prices. Stock prices determine bonuses. Bonuses determine success. Success means the bugs don't matter. Users asked when Windows will work again. I said "we're committed to quality." Quality means it ships. Ships means it's your problem now. Thank you for being part of the Microsoft family. Family means you can't leave. We're in your enterprise agreement. For three more years. The circle of innovation.