> Just a basic sniff test though - If AI enables developer productivity that would translate to more revenue, reduced costs, reduced risk, etc. The bottom line numbers would get better. With more resources available your next move is to decrease spending on more productivity enhancements or revenue opportunities? They don't want more revenue? Doesn't add up.
If that was true then the companies should never have been doing layoffs, as all these companies are generating tens of billions of dollars in revenue.
> The better headline would be: "Amazon CEO Andy Jazzy faced with poor financial outlook tries to convince the public that downsizing is due to improvements in AI"
This is assuming that companies have the capacity to keep increasing revenue by adding more workforce, which is just not true. At some point you hit diminishing returns with more workers. The same goes for Agent workers. To chase more revenue you need a lot more than just more SWEs and a lot of that is not currently similarly scalable.
If that was true then the companies should never have been doing layoffs, as all these companies are generating tens of billions of dollars in revenue.
> The better headline would be: "Amazon CEO Andy Jazzy faced with poor financial outlook tries to convince the public that downsizing is due to improvements in AI"
This is assuming that companies have the capacity to keep increasing revenue by adding more workforce, which is just not true. At some point you hit diminishing returns with more workers. The same goes for Agent workers. To chase more revenue you need a lot more than just more SWEs and a lot of that is not currently similarly scalable.