Reed Hastings says AI may push CEOs to cut their workforce in half — or expand their reach

Netflix cofounder Reed Hastings says CEOs could soon face critical decisions if generative AI continues to rapidly improve.

“You could either cut your workforce in half and stay in the same business lines, or you can use all these new resources to expand against your competitors,” Hastings said during an interview for Semafor’s “The CEO Signal” podcast.

Hastings, who sits on Anthropic’s board of directors, said that in five years, frontier models will be 32 times better than today. If that pace continues, which is not guaranteed but is something many in the industry expect, “then in 10 years, that’s a thousand times better.”

“What do CEOs have…

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