There is no job loss with AI. I will say it again. I've said it a thousand times, and I will say it again, and again, and again.
There is no job loss with AI. I will say it again. I've said it a thousand times, and I will say it again, and again, and again. What I see on the ground, and what I've seen at dozens of companies, and you guys can share your experiences, including my company that I run β there are two sides to a business. There is revenue, and there's costs.
On the cost side of the equation, AI can be used to reduce humans doing things that cost money. To some extent. The effect there, I would argue, is nominal.
The real opportunity with AI is on the revenue side, where suddenly one engineer can do a hundred times or a thousand times what they used to be able to do.
The real opportunity with AI is on the revenue side, where suddenly one engineer can do a hundred times or a thousand times what they used to be able to do.
Meaning, you can make more products at your company, whether those are agricultural seed products, or boats and ships, or software for companies, or clothing, or what have you. Because of AI, everyone has the ability to expand their revenue base, to create more products, and that is the foundation of good economic prosperity.
It is called productivity. We can grow productivity in this country with AI. So, where I see AI being used is on the revenue side a hundred times more than the cost side, and in that equation, people are hiring like crazy. We cannot hire enough people.
It is called productivity. We can grow productivity in this country with AI. So, where I see AI being used is on the revenue side a hundred times more than the cost side, and in that equation, people are hiring like crazy. We cannot hire enough people.
I just had a review meeting with my product and engineering team two days ago, and they're like, "we want to add an extra 15 head count to our engineering squads, because we have all this opportunity to do stuff that we couldn't otherwise do."
So, we are going to hire more people. And to Sax's point, we are seeing that show up in the jobs numbers.
So, we are going to hire more people. And to Sax's point, we are seeing that show up in the jobs numbers.
The idea that AI is going to destroy jobs is a Luddite idea that is being disproven every single day, and I see it on the ground.
The idea that AI is going to destroy jobs is a Luddite idea that is being disproven every single day, and I see it on the ground. It is only a matter of time before people wake up to this, and they realize that this narrative that they've all been sold is a crock of sh*t.