So why aren’t they laying people off and pumping the extra money towards research efforts associated with Llm’s? Lmao.
They should all cut down their labour input right now if what you claim is true.
At many of the best tech companies, the conventional wisdom has always been that there's a huge backlog of stuff to be done. They don't want to deliver 100% of their roadmap with 50% of their employees, they want to deliver 200% of their roadmap with 100% of their employees. (And the speedup is not as high as these numbers imply for many kinds of performance, security, or correctness-critical software.)
Some companies like Block, Oracle, and Atlassian have indeed been laying people off.
Have you considered that some companies want to grow instead of laying people off? No one at Anthropic writes code, they manage 20 Claude Code SWEs.