Who could have predicted this?
“Replacing software engineers with AI is really gonna pay off… some day… we guess…”
This is a smart move by Microsoft, as a struggling small company they can use VC money to keep them afloat until they come out on top of the AI game.
It’s paying off for the shareholders RIGHT NOW. In the future it’s provably gonna bite them in the but, but who cares? Profits now > profits later.