> it’s been stated plainly by many execs that the goal is to replace double percent digits of their workforce with AI of some sort
Even if we grant that this is possible, have any of these execs actually thought through what happens when their competitors also replace large chunks of their workforce with AI and then begin undercutting them on price? The idea that "our prices will stay exactly the same, but our salary costs will go to zero and become pure profit instead!" is delusional even if AI can actually replace large numbers of people, which itself is quite doubtful.
Even if we grant that this is possible, have any of these execs actually thought through what happens when their competitors also replace large chunks of their workforce with AI and then begin undercutting them on price? The idea that "our prices will stay exactly the same, but our salary costs will go to zero and become pure profit instead!" is delusional even if AI can actually replace large numbers of people, which itself is quite doubtful.