Jason Lemkin

I think now that we're hitting budget discussions, just discussions, right?

I think now that we're hitting budget discussions, just discussions, right?

And now that CIOs are more involved and now I think it's not just Uber, even though I think the Uber story was a little blown up and a little apocryphal, but it's going to happen everywhere over the course of this year, right?

And now that CIOs are more involved and now I think it's not just Uber, even though I think the Uber story was a little blown up and a little apocryphal, but it's going to happen everywhere over the course of this year, right?

The budget has to come from somewhere.

The budget has to come from somewhere.

I really do think by the end of the year, we're going to choose tokens over humans for engineering and product.

I really do think by the end of the year, we're going to choose tokens over humans for engineering and product.

We're at the margin.

We're at the margin.

You're going to go in and you're going to say, because this is certainly the way it worked for me in the old days when I was at a big tech company.

You're going to go in and you're going to say, because this is certainly the way it worked for me in the old days when I was at a big tech company.

Your budget this year is $50 million.

Your budget this year is $50 million.

Instead of your budget being for 100 heads, guys, or 200 heads, your budget this year is $100 million or $200 million or $400 million for EPD, engineering product development.

Instead of your budget being for 100 heads, guys, or 200 heads, your budget this year is $100 million or $200 million or $400 million for EPD, engineering product development.

And when I worked at Adobe, that was all humans.

And when I worked at Adobe, that was all humans.

We ignored all the other costs because they didn't matter.

We ignored all the other costs because they didn't matter.