The underlying thesis for the valuation of all these AI labs is that 80% of tech workers can be replaced with automation.
Then why are these labs actively hiring engineers?
Except they can’t and these AI labs know that very well, which is why their marketing push is always so overpoweringly annoying: they have to convince you because they know they are wrong and their product will not deliver what they are promising.
Unions will obviously save the industry and its employees. Worked for the auto workers...