after the fall (literal + season) there will be no more money.

billions were poured over AI companies (and yes, nowadays, if you are writing a stateful loop on top of LLM API you are considered as an AI company).

it will take sometime for new money to arrive into the cycle.

this CTO was simply naively trying to fulfill the Sam Altman (and the likes) promise "the future of AI", "90% of our code is written by AI" and so on.

this is the is on the borderline of scam, sure enough misleading the public.