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by Lord-Jobo 100 days ago
The value-cost ratio is all that matters to a company. Yes, that implies that they are assuming all variations of value are achievable by AI which isn’t true and probably won’t ever be. But they do think that, nearly all of them. Because they don’t understand value. This has been true since the very first corporation. And that’s the problem. They will see a totally cheesed and squeezed metric telling them AI can reach 40% of the value of a “ ___ engineer “ at 10% of the cost and lay off engineers until shit starts exploding. And the stock market will strongly reward that decision.