In this YouTube short, Jason M. Lemkin and two co‑hosts discuss the shifting landscape of work as AI agents become more prevalent. Lemkin cites Workday’s observation that Fortune 500 companies are slowing hiring, creating headwinds for traditional seat‑based revenue models. He frames this slowdown as part of a broader "renaissance of software," where product‑focused and engineering‑centric firms (e.g., Zoom, HubSpot, Monday.com) are poised to win. The conversation then veers into a light‑hearted cultural riff: the hosts joke about a future holiday party where humans mingle with their AI agents, highlighting both skepticism and excitement about AI’s role in the workplace. Throughout, the tone remains conversational and playful, with a mix of concern about hiring trends and optimism about software‑driven growth.
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Workday said it, everyone else is saying it. We're seeing, I mean, Workday just, founder had to go back. They said, they said even at Workday, we're seeing headwinds on seats because people just aren't hiring across the Fortune 500 like they used to. They're seeing, but we are in a renaissance of software. We are building so much software.
It is unbelievable. I think it's fascinating that on this podcast, the product and engineering firms are gonna win. So we're a winner. We're above the fold, which I love that as well. That in itself is an old school term, Jason. The fold doesn't exist anymore.
I know, but I think, But I think Zoom, I mean HubSpot, Monday, even Zoom are below the fold.
Mike still has the floor.
Well, well, a few things. Firstly, your holiday party with your lack of belief in humans is going to be amazing, right? You're sitting around drinking wine with all your agents that have come to our office, dude.
Super fun holiday party, right?
I'm really looking forward to it.
At least I want to see the pictures get drunk and make an ass of themselves if they're all agents. At least we won't be—
yeah, but it's, but it's a real issue there.
But I like humans. Humans are fun to hang out with, right? We're going to need a lot of these people. I think there's a lot in Harvey that's fascinating. The question is two things. One, legal firms generally bill time, so it's hard for them to increase their profit margin by billing more and less time. So I don't know how that affects this particular industry. I'm not an expert at all on legals, but I'm just saying there's some interesting— their pricing, right? I don't know how legal services are going to be value-based priced or something. They're literally the ultimate selling of hours, photocopying and all that sort of stuff. So we'll see how that works for the billing model, and maybe Harvey helps them with that or doesn't help them with that.