This! If you can 10X an employee, the obvious play is to retain all ten employees and get 10X widget output. Yes, you could fire nine people to retain 1X output—but your competition also has access to LLMs, and may choose the former option. Can you compete?
No, 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.
"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!
This assumes that there is a need for 10x amount whichever service these entities are providing. For some cases that may be true, but for many (most?) it is not. In fact demand will most likely remain about the same, and all competitors will need to adpot LLMs and fire 9 people to remain afloat.
