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n the AI industry, there's always a hot new thing. First it was ChatGPT. Then it was the image generators. There was the DeepSeek moment. In the latter half of last year, everyone was excited about how good Google's Gemini was. In January 2026, the new hot thing everyone is talking about is Claude Code. But of course, the AI models have been able to generate lines of code for a long time now. So what is it about Claude Code that has people so excited? Why is it that people are asking: "Is this AGI?" On this episode of Bloomberg's Odd Lots, hosts Joe Weisenthal and Tracy Alloway speak with Noah Brier, the co-founder of Alpehic, a consultancy firm that helps large organizations implement AI technology. Noah has been using the Large Language Models for longer than just about anyone, since even before ChatGPT existed. He explains to us the evolution of AI-assisted coding, what Claude Code actually is, and why it is that traditional software firms have been getting destroyed in the stock market lately. Read more: Meta Begins Job Cuts as It Shifts From Metaverse to AI Devices (https://www.bloomberg.com/news/articl...) AI Coding Startup Replit Nears Funding at $9 Billion Valuation (https://www.bloomberg.com/news/articl...) Only http://Bloomberg.com (http://Bloomberg.com) subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots (https://www.bloomberg.com/subscriptio...) Subscribe to the Odd Lots Newsletter (http://bloomberg.com/subscriptions/od...) Join the conversation: discord.gg/oddlots ( / discord ) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Listen to more of The Big Take: • The Big Take | Bloomberg Podcasts #Bloomberg #Podcast #News #Business #Economy #TheBigTake Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: / podcasts Visit our other YouTube channels: Bloomberg Television: / @markets Bloomberg Originals: / bloomberg Quicktake: / @bloombergquicktake For coverage on news, markets and more: http://www.bloomberg.com/video Weekend Listen: Why the Tech World Is Going Crazy for Claude Code