Yulia Slavina

Max Levchin argues AI will increase demand for software engineers in large U.S. companies

Max Levchin argues AI will increase demand for software engineers in large U.S. companies
Levchin sees AI boosting software jobs

Max Levchin, founder and CEO of Affirm, presents a contrarian view on the impact of artificial intelligence on technology employment. Levchin states that the idea AI will result in fewer software jobs is ''totally backwards.'' He argues that most U.S. companies in the S&P 500 have a strong desire to develop their own in-house software, yet lack the required internal talent. According to Levchin, while there may be increased cross-company migration of engineering talent, the market could remain supply-constrained for skilled software engineers in the foreseeable future.

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