One of the biggest fears about AI was that it would kill tech jobs and shrink the software industry. The logic seemed straightforward. If AI made developers much more productive, tech companies would need fewer of them. That would mean fewer software subscriptions, known as “seats,” because each worker typically has their own account. Investors
AI is not replacing engineers but rather reshaping who else gets hired. New data from SignalFire shows that software engineers make up 55% of hiring at top tech companies, up from 46% in 2019, even as overall hiring remains below pre-pandemic levels. Other roles are shrinking more quickly. While engineering hiring is down 11% since
Perplexity could be the latest entrant in the hot AI coding wars. The San Francisco-based AI search startup has created an internal AI coding tool that it may release publicly later, a person familiar with the matter said. For now, Perplexity has dubbed the tool “Teammate” and its engineers have been using it since May,
