On the tradeoff between AI vs. jobs:
Several high-profile tech executives have said you should be spending as much on AI as you do on a software engineer’s salary…no one is actually doing that.
The top 1% spends $7.45k per employee per month.
The median firm is spending $11 per employee, about the cost of a single seat on a chat subscription.
Not to say that won’t change – AI spend is still rising – but very few firms, if any, are spending that much. Despite their domination of the discourse.