The estimate that AI companies need to replace 27% of jobs to service their debt is interesting. But at least Anthropic and Meta seem to have their eyes on replacing software engineers.

There are ~1.6M software engineers on the US [0], earning a bit under 150k/year on average [1]. If AI companies captured all of that spend, that amounts to about 250B/year. The article assumed that they need around 300B/year to keep up with their debt.

At least based on Meta's recent behavior, forcing 30-50% of developers to switch to data labeling, it looks like that is actually their game plan.

[0] https://en.wikipedia.org/wiki/Software_engineering_demograph...

[1] https://www.indeed.com/career/software-engineer/salaries