Inexpensive AI Agents Threaten Entry-Level Coding Jobs
1 min read
Summary
Junior and entry-level workers in the IT and Engineering sectors are perceived to be under increasing threat from transformative AI systems, with some entrepreneurs believing that the current low prices charged for such technology is exacerbating the issue.
Sam Altman, CEO of Open AI, recently remarked that current AI tools were like interns and that more advanced technology was representing the “experienced” worker, a comment that followed a declaration that AI would create millions of new jobs, but not for everybody.
Erica Brescia, MD of Redpoint Ventures, believes that current AI tools provide a disproportionate value to users and that pricing should be at least double that of current levels.
Many AI companies offer free or ultra-low-cost discounted trials to attract users, helping to boost mass adoption in an intensely competitive market.
However, those interviewed by Wired were split as to whether the current low pricing was a stunt to gain market share, or whether it was sustainable into the future.
