impact of A.I - reality vs hype

reality - companies are choosing to spend money on CAPEX (i.e infrastructure things hoping that they can ride an uncertain wave into the future) and not spend on OPEX (humans)

reality - AI agents are not doing human jobs.

reality - money | debt is now more expensive. hence if you were spending more of it on OPEX stuff you would rather reduce that

reality - more coasting jobs in tech. demand for stuff that still needs to get done is super high - workers just need to get more distributed and not hoarded at the big paying firms