That's not really new, the small teams in the 2000's with web frameworks like Rails were able to do as a team of 5 what needed a 50 people team in the 90's. Or even as a week-end solo project.
What happened it that it because the new norm, and the window were you could charge the work of 50 people for a team of 5 was short. Some teams cut the prices to gain marketshare and we were back to usual revenue per employee. At some point nobody thought of a CRUD app with a web UI as a big project.
It's probably what will happen here (if AI does gives the same productivity boost as langages with memory management and web frameworks): soon your company with a small team of friends will not be seen by anyone as equivalent to 100 or 1000 people, even if you can achieve the same thing of a company that size a few years earlier.
What happened it that it because the new norm, and the window were you could charge the work of 50 people for a team of 5 was short. Some teams cut the prices to gain marketshare and we were back to usual revenue per employee. At some point nobody thought of a CRUD app with a web UI as a big project.
It's probably what will happen here (if AI does gives the same productivity boost as langages with memory management and web frameworks): soon your company with a small team of friends will not be seen by anyone as equivalent to 100 or 1000 people, even if you can achieve the same thing of a company that size a few years earlier.