Can he be replaced with AI, and hire 2x the number of people with his salary?
Both the buyout and the 80 hour weeks are stupid.
Every random unknown business now truly believes that they have built something novel and revolutionary. They have the audacity to see difficult things being invented by geniuses and think "wow, I can do it too". They think that they must succeed at all costs; their employees must work unlimited hours and they must use unlimited resources because nothing is more important.
It's kind of sad to watch, knowing that in a couple years nobody will care and their company will have produced nothing of value, while the negative consequences of their "progress at all costs" will still be felt by individuals and the world.
Obiously it won't happen :)
This type of work is only if you own the business yourself since you're the one who profits.
>So, I ask, why, exactly, is Cognition worth $10 billion? And why did it have to raise $300 million after raising “hundreds of millions” according to Bloomberg in March? Where is the money going? It doesn’t seem to have great revenue, Carl Brown of the Internet of Bugs revealed it faked the demo of “Devin the AI powered software developer” last year, and Devin doesn’t even rank on SWE-benchmark, the industry standard for model efficacy at coding tasks.
Bluescreenbuddy•1h ago