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20VC: Benchmark's Eric Vishria on Where is the Value in AI: Chips, Models or Apps | Why Nvidia Will Not Be The Only Game in Town | The Commoditisation of Foundation Models | Which AI Apps Have Sustaining Value vs Hype and Short Term Revenue
Eric Vishria
Let's say your fully loaded IT or software person is 200 grand for just for argument's sake. And if you think about that $200,000, there is, call it $10,000 for every one of these software engineers or IT people. There's $10,000 of tool spend. In that, I would put like Jira, which is Atlassian, GitHub, ServiceNow, a computer, whatever, development environment, get whatever.
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