Kevin Russo

Because I've been talking to so many economists, tech leaders like yourself about this over the past couple of months, and truly opinion is all over the place.

And I talked to some folks who say, yes, you better believe I'm hiring fewer people next year because of AI.

And then I talked to other people that say, I can't get enough engineers.

I want more than I have.

So where are you on that?

In two years, you're going to have more engineers or fewer?

I feel like what people really want to hear is some combination of like, your job isn't going to change that much, or if it does change, you're going to get paid more.

You told Dwarkesh Patel in February 2025 that your benchmark for achieving AGI was 10% GDP growth.

Seems like we're not super close to hitting 10% yet.

I'm curious how you view that kind of statement that you made a year ago now, and do you see any sort of recent acceleration that makes you think it's more possible?

How much sort of token maxing has been going on at Microsoft?

A lot.

Yeah.

And I'm out of it.

Give us a flavor of like Satya's token maxing.

Like what are some of your big token projects lately?

Maybe just as a last question, I'm still trying to hone in on what I think Kevin might call how AGI-pilled you are.

There's a sense in Silicon Valley that it really is different this time and that the jagged frontier is going to keep advancing forever and all of a sudden the little tasks that AI can automate today are going to convert into full jobs.

How much do you buy that story?

Thank you so much.