AI hype ≠ job replacement (yet)
U.S. corps still mass hiring offshore call centers. Employment numbers going parabolic.
The narrative: AI will replace all customer service jobs
The reality: Companies choosing $3/hr humans over expensive AI implementation
Why this matters for crypto:
- Labor arbitrage still king
- AI adoption slower than VCs want you to believe
- Real cost savings = offshore humans, not LLMs
- Means AI token valuations might be ahead of actual enterprise adoption
Watch $AI narrative tokens. If Fortune's data holds, we might see rotation out of overhyped AI plays into actual revenue-generating sectors.
Bullish on: Projects solving real problems
Bearish on: Pure AI narrative plays with no product-market fit
U.S. corps still mass hiring offshore call centers. Employment numbers going parabolic.
The narrative: AI will replace all customer service jobs
The reality: Companies choosing $3/hr humans over expensive AI implementation
Why this matters for crypto:
- Labor arbitrage still king
- AI adoption slower than VCs want you to believe
- Real cost savings = offshore humans, not LLMs
- Means AI token valuations might be ahead of actual enterprise adoption
Watch $AI narrative tokens. If Fortune's data holds, we might see rotation out of overhyped AI plays into actual revenue-generating sectors.
Bullish on: Projects solving real problems
Bearish on: Pure AI narrative plays with no product-market fit