1. without more context about who the professor is targeting his tirade at and which company C levels he's actually talking, it's hard to evaluate this
2. will there be shrinking in the middle band of SAP/Infosys companies where work has already been proven to be fungible (by their h1b shenanigans) in the near future? probably. does this sort of pressure exist in the middle band of any profession? yes (even if the AMA is fighting tooth and nail to artificially limit supply in the case with MDs)
3. is AI mostly a hype-add to boost valuation? yes. but does a lot of it work and generate real revenue? yes. almost by definition the more valued something is, the more likely it is overvalued. I fear this professor hasn't seen most of the unsexy AI work. where 90% of the value may come from the actual AI work, but 90% of the work is on the infra around it.
2. will there be shrinking in the middle band of SAP/Infosys companies where work has already been proven to be fungible (by their h1b shenanigans) in the near future? probably. does this sort of pressure exist in the middle band of any profession? yes (even if the AMA is fighting tooth and nail to artificially limit supply in the case with MDs)
3. is AI mostly a hype-add to boost valuation? yes. but does a lot of it work and generate real revenue? yes. almost by definition the more valued something is, the more likely it is overvalued. I fear this professor hasn't seen most of the unsexy AI work. where 90% of the value may come from the actual AI work, but 90% of the work is on the infra around it.