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I think interest rates are a much bigger factor than AI at this point!

• yunwal 3y ago
  I think there’s one more factor which is that, by and large, hyperscaling has been proven ineffective for most companies. Sure, Uber got away with it, but nearly every company who goes public and triples their headcount in a year finds themselves less productive than they were before.
• pcthrowaway 3y ago
  And I think section 174 is a much bigger factor than interest rates (though I think AI could take the lead in the next few years, depending on how fast the tech keeps evolving)
• kypro 3y ago
  Depends how you look at it I think. AI isn't directly replacing jobs, but it did suck most of the available investment capital from workers in 2023. AI companies were really the only tech startups getting funded in 2023, but unlike traditional startups where most of that funding would go to building out a team of engineers to build the product, AI startups tend to have smaller teams and most of the funding goes to compute.