To Make a Tech Unicorn, Mix a Few Workers With Some AI Hype
The trajectory is clear: Unicorn headcounts are shrinking, according to new data from PitchBook.
Yet whether this can be attributed to the vaunted productivity gains of AI is a more complex question. The sales pitch is this: AI’s great promise, as far as startups are concerned, is that it should enable more to be achieved with fewer people. Each software engineer can crank out more code than previously possible, while other operational roles might be replaced, or at least augmented, with chatbots or similar technologies.
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