Comment by torginus

This is just a theory of mine, but the fact that people don't see LLMs as something that will grow the pie and increase their output leading to prosperity for all just means that real economic growth has stagnated.

From all my interactions with C-level people as an engineer, what I learned from their mindset is their primary focus is growing their business - market entry, bringing out new products, new revenue streams.

As an engineer I really love optimizing out current infra, bringing out tools and improved workflows, which many of my colleagues have considered a godsend, but it seems from a C-level perspective, it's just a minor nice-to-have.

While I don't necessarily agree with their world-view, some part of it is undeniable - you can easily build an IT company with very high margins - say 3x revenue/expense ratio, in this case growing the profit is a much more lucrative way of growing the company.