Asad says that compared with companies from previous eras, AI companies are leaner at each stage. He says they are moving through stages at a pace never seen before, which creates strong demand, citing Anthropic growing about 10x a year on revenue. He says the number of employees those companies need over a year is staggering.

“If you look at companies per stage and stage and compare them to companies from previous eras, they are leaner per stage.”

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