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by acrooks
382 days ago
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I wonder if some of this output will take a while to be visible en masse. For example, I founded a SaaS company late last year which has been growing very quickly. We are track to pass $1M ARR before the company's first birthday. We are fully bootstrapped, 100% founder owned. There are 2 of us. And we feel confident we could keep up this pace of growth for quite a while without hiring or taking capital. (Of course, there's an argument that we could accelerate our growth rate with more cash/human resources) Early in my career, at different companies, we often solved capacity problems by hiring. But my cofounder and I have been able to turn to AI to help with this, and we keep finding double digit percentage productivity improvements without investing much upfront time. I don't think this would have been remotely possible when I started my career, or even just a few years ago when AI hadn't really started to take off. So my theory as to why it doesn't appear to be "painfully obvious": you've never heard of most of the businesses getting the most value out of this technology, because they're all too small. On average, the companies we know about are large. It's very difficult for them to reinvent themselves on a dime to adapt to new technology - it takes a long time to steer a ship - so it will take a while. But small businesses like mine can change how we work today and realize the results tomorrow. |
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Companies that needed to hire 10 people to grow, only need to hire 9 now
In less than 5 years that’s going to be 7 or 6 people
I’m doing more with 5 engineers than I was able to do with 15 just 10 years ago
Part of that is libraries etc have matured too but we’ve reached the point from a developer perspective that you don’t need to build new technologies, you just need to put what exists together in new ways
All the parts exist for any technology to be built, it’s about composition and distribution at this point