The claim by the company was that AI made their devs so efficient that they could layoff 40% of them to make the company lean and still maintain the core product.
But why don’t you just keep all those super productive devs and expand into new products/verticals? You could keep your same profit margins plus have 100 random little ai-powered mission-aligned startups under your control.
I’m worried that everybody is going to use “AI is making us efficient” as a cover story for needing to slash expenses as the recession kicks in. This is worse than simply being in denial about a recession because it’ll have the effect of further inflating the AI bubble.
Am I just being paranoid?
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