Source item
Open original source ↗This is happening in plain sight. The leading AI companies themselves are embroiled in the fiercest battle to hire the most highly paid software programmers in the history of the world. And so it goes.
Quoted context
These are the quoted author’s words.
Technology increases productivity → cost of output falls → demand for output rises → more total output gets built → more jobs (and at higher wages).
pmarca ↗