"Software engineers are the most expensive employees on Earth"
They are not. CEOs are.
Yes but a company only needs 1 CEO while they are paying for 100x or 1000x of SDEs
Your quote is misleading and makes it sound like the author made this point.
Instead,
> For three years the pitch from the big AI model labs has been beautifully simple. Software engineers are the most expensive employees on Earth.
The company I work for has had 2 or 3 rounds of layoffs over the past year and a half. CEO and VPs haven't got laid off or a paycut. I think cuts should start with leadership. They need to own the mistakes that were made.