A Ramp study found companies making the largest AI investments grew employment by more than 10% compared to companies that had not adopted AI.
Snapshot · This Week in Tech (Audio)
A Ramp study found companies making the largest AI investments grew employment by more than 10% compared to companies that had not adopted AI.
Where this was said
At 1:02:26 · chapter starts 59:10
A wide-ranging conversation about careers in an AI age surfaces around the Xbox layoffs. Wesley argues entry-level roles are evaporating to AI while the VRP formula squeezes out senior workers, creating a hollowed-out workforce. Leo cites a Ramp study showing AI-investing companies grew employment by over 10%, but Wesley cautions against reading too much into top-line numbers. The panel agrees the best advice for children is to pursue passion, not predicted job markets. Patrick admits his kids use a Nintendo Switch more than any computer, asking whether he should be teaching them to code. Leo pivots to his son Henry Laporte, whose Salt Hank sandwich shop in New York City received its fourth New York Times review — a rave, despite the paper's rule limiting sandwich shops to one star. Henry was reportedly more pleased about being ranked number one on the Belly food app.
Microsoft's voluntary retirement program used an age-plus-tenure calculation to determine eligibility, which Wesley Faulkner argues is a deliberately engineered mechanism to remove older workers while sidestepping age discrimination law. With entry-level roles already disappearing to AI, this new tool squeezes the workforce from both ends.
Recent job statistics cited by Leo show engineering and tech openings are up roughly 15%, suggesting AI has so far increased rather than reduced the number of tech roles.
Lou Maresca and Wesley Faulkner break down a key agentic AI problem: some behaviors are deterministic (code always does the same thing) and some are probabilistic (the AI might read your docs, or might not). The fix is to encode critical recurring tasks as code or scripts, not as instructions — because code is always causal, AI instructions aren't.
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
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