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You’ve hit the nail on the head with the Infinite Growth statement. Most companies see AI as the next way to cut bottom line costs and hit those annual goals. It’s an ouroboros that most companies haven’t seen the end of yet. Eventually they’ll be left with no talent (arguably the most valuable thing a company can acquire) and uninteresting products nobody is interested in.
How do you train newbies into useful employees when you let AI handle the easy stuff. Where’s your pipeline of promotions so you’re developing your next generation of developers? Once the shit starts to hit the fan, you’ll see them crumble and ask how we got here. Human talent takes YEARS to cultivate and is extremely hard to buy, especially when competition builds from reducing the supply when people stop going into these fields for lack of entry-level jobs.
Its Cronus devouring his children. Feeding on the young for short term sustenance
It really is an ouroboros pretending there is no problem nibbling on the back of its own head after consuming everything else