AI will increase demand for software and engineers rather than replace them. The early signs are starting to show. 🚀
Both Microsoft and Amazon recently announced a combined $3.5 billion investment in new organisations whose sole purpose will be to work with customers and integrate AI technology into their businesses. 🤖
Every single engagement that these engineers work on will then be an opportunity for customers to build internal engineering teams and replace expensive external providers to maintain and replicate the know-how in new initiatives. 👩💻👨💻
Eventually, demand will grow as companies see the proven value in their businesses. This is demonstrated in a recent analysis from Ramp that covers 21,000 US firms: “Firms that adopt AI grow headcount by 10.2% over the two years following adoption.”
The future is bright for software and engineers. ☀️