If we are able to build mountains of code in days instead of months. Then we don’t need 100 developers per app, but just a handful…. say 7. If we only need those 7, then we only need to buy 7 AI subscriptions. If we only buy 7 subscriptions instead of 100, then we pay the AI companies a tiny amount of money, so they don’t need all those chips, which means they don’t buy from Nvidia and Micron and friends. Right? So 93 people are out of a job and valuations collapse? Please tell me I’m wrong.
Micron Technology briefly overtook Meta and Tesla in market value after revenue quadrupled on AI memory demand