> Allegedly every dollar you spent on an engineer is potentially worth 10x(?) what it was a couple years ago. Meaning your profit per engineer could soar, but tech companies decided they don't want more profit?
Exactly, so many of these claims are complete nonsense. I'm supposed to believe that boards/investors would be fine with companies doing massive layoffs to maintain flat/minuscule growth, when they could keep or expand their current staffing and massively expand their market share and profits with all this increased productivity?
It's ridiculous. If this stuff had truly increased productivity at the levels claimed we would see firms pouring money into technical staff to capitalize on this newfound leverage.
Exactly, so many of these claims are complete nonsense. I'm supposed to believe that boards/investors would be fine with companies doing massive layoffs to maintain flat/minuscule growth, when they could keep or expand their current staffing and massively expand their market share and profits with all this increased productivity?
It's ridiculous. If this stuff had truly increased productivity at the levels claimed we would see firms pouring money into technical staff to capitalize on this newfound leverage.