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> If you can 10X an employee, the obvious play is to retain all ten employees and get 10X widget output. Have you ever run a business that employed other peopl
by eropple 4y ago
> If you can 10X an employee, the obvious play is to retain all ten employees and get 10X widget output.
Have you ever run a business that employed other people and relied on operational income rather than venture capital to function?
Because this "obvious play" is a screaming red flag for misunderstanding the fundamentals of how business works when money isn't free and speculative.
- turnsout 4y agoNo, but I have been an employee in a business that had layoffs, then had reduced capacity, and had to scramble to hire new employees. You can't be too reactive with talent. If you hired 10 people, you should be figuring out how to make that talent pool as happy and productive as possible, not firing them out of fear at the earliest opportunity.
- pixl97 4y agoSaid business has to hire employees because they can't replace them with tools and AI. When said business can replace the employees with tools and AI, they will.
- turnsout 4y ago"Replace" is very different from "Enhance" or "Augment." There are certainly roles that could be 100% replaced, but I think they'll be the exception, not the rule. Guess we'll find out!