> Assume a company has a high margin because they used AI and reduced their work... | Hacker News

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		bluefirebrand 26 days ago \| parent \| context \| favorite \| on: What young workers are doing to AI-proof themselve... > Assume a company has a high margin because they used AI and reduced their workforce by 10x. What usually happens is that a new competitor comes in and offers the same for half the price. Wouldn't you need 10x the number of competitors to get back to the same amount of employees, assuming they are running with similar workforces?

baxtr 26 days ago [–]

Yes, true for existing companies.

On the other hand we still don’t know which new companies will be created that couldn’t be be created before due to unfavorable economics.

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