A friend of mine at Amazon got laid off during their big stupid AI push last year and yeah, being paid like $150k a year sounds nice until you realize that only covers basic living expenses in, say, Manhattan. Now was Amazon right to fire so many people for basically no reason? No, but software on its own is no longer marketable. One person can generate a hundred times more code than before the advent of LLMs, so you only need one person to do the job of a hundred. Now, it takes some skill, that takes years to develop, to use LLMs effectively in the workplace, so Amazon was incredibly short sighted to believe it was just some magical box that fixed everything automatically. But that doesn’t mean companies won’t be making similar moves, in the aggregate, in 10 years, when leaner competitors come to rip a chunk out of their profits. Do you see the capex of major tech companies now? They are _scared_, they have every right to be. You have to be just as nearsighted as those Amazon bosses to believe that things will continue as they always have, that this is just a short dip in a long term regression to the mean.