GitLab CEO William Staples predicts a rise in engineer numbers through AI coding assistants, which enable coding without advanced technical skills. Despite a Q2 revenue guidance disappointment causing a 12% stock drop, GitLab's Q1 revenue rose 27% YoY to $214.5M. Staples, confident about GitLab’s AI coding assistant, Duo’s competitive edge, believes the rise of "vibe coding" will change tech and venture capital's value of software engineering expertise.