> ”By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact,” Wang writes in a memo seen by Axios.
That's kinda wild. I'm kinda shocked they put it in writing.
Our economy is being propped up by this. From manufacturing to software engineering, this is how the US economy is continuing to "flourish" from a macroeconomic perspective. Margin is being preserved by reducing liabilities and relying on a combination of increased workload and automation that is "good enough" to get to the next step—but assumes there is a next step and we can get there. Sustainable over the short term. Winning strategy if AGI can be achieved. Catastrophic failure if it turns out the technology has plateaued.
Maximum leverage. This is the American way, honestly. We are all kind of screwed if AI doesn't pan out.
What technology? Can you link to some evidence?