David Sacks
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It just means that now maybe you can have a lot more 10x software engineers, and those jobs are now being spread throughout the whole economy.
It just means that now maybe you can have a lot more 10x software engineers, and those jobs are now being spread throughout the whole economy.
I also think, just to put some numbers on this, I think the cost structure of the average Fortune 500 business is something like 5% IT.
I also think, just to put some numbers on this, I think the cost structure of the average Fortune 500 business is something like 5% IT.
That includes all of their IT, not just their software.
That includes all of their IT, not just their software.
What should it be?
What should it be?
What should the percentage of software be in an enterprise cost structure?
What should the percentage of software be in an enterprise cost structure?
Elon describes companies as cybernetic organisms that are part software, part human.
Elon describes companies as cybernetic organisms that are part software, part human.
I think
I think
If you think about the current Fortune 500 company being 1% or 2% software, maybe they should be 50% software.
If you think about the current Fortune 500 company being 1% or 2% software, maybe they should be 50% software.
I think what Aaron is saying here is the market for software and software engineers was so constrained by the lack of availability that even if we 10x or 100x the productivity of software engineers, the demand will be there to absorb this new supply.
I think what Aaron is saying here is the market for software and software engineers was so constrained by the lack of availability that even if we 10x or 100x the productivity of software engineers, the demand will be there to absorb this new supply.
And so it could lead to this explosion in productivity without the massive job loss.
And so it could lead to this explosion in productivity without the massive job loss.