10 engineers can make a billion dollar company. One Claude can replace 10 engineers.

This gets very close to "infinitely valuable", it starts to look like a vertical line to me

I don't think one Claude can replace ten engineers of the caliber it takes to build a billion dollar company.

I also don't think that every set of ten engineers of that level builds a billion dollar company every time.

There is also a limit to the number of billion dollar companies that can be built before being a "billion dollar company" no longer means much (see: Zimbabwe).

That assumes a world where nobody else has AI.

There's a night and day difference between:

1. One party has ASI and everybody else has nothing but their human brains.

2. One party has ASI and everybody else has high-level AI but not quite ASI.

Most science fiction assumes world 1, because it's a better narrative. However, we actually live in world 2.

There's literally no indication that this is the case, or will ever be. Unless you're a completely naive person who's impressed with all output of an LLM because you don't know what you're talking about. These models aren't impressive, and the people who think they are impressive are even less impressive.