Max Beauroyre

The US has lost roughly 340,000 accountants over five years while demand has grown. 75% of CPAs are nearing retirement, the licensing path is long, and starting salaries lag tech and finance.

If a task is already outsourced, it tells you three things. One, the company has accepted that this work can be done externally. Two, there’s an existing budget line that can be substituted cleanly. Three, the buyer is already purchasing an outcome.

The total addressable market for autopilots is all labour spend in a category, insourced and outsourced combined. But the right place to start is where outsourcing already exists.

Writing code is mostly intelligence. Knowing what to build next is judgement.

So the companies sit still. They can't go public. They can't be acquired at reasonable prices. They continue to operate, even profitably, generating real value. But the value cannot be converted to cash and returned to limited partners under a traditional venture model.

Wealth is more concentrated at the top and so is spending. The top 10% are responsible for about 50% of all consumer spending. 7

Webster decided what it should be. He changed the spellings. Colour became color, centre became center, defence became defense. He hardly discovered these spellings in the wild. He largely invented them by fiat because he believed that an independent nation deserved an independent language, and this was the only way to build it.

Second, most humans will be working with AI every day in their jobs. The AI will know most things about the job better than the humans. Every single workday, or maybe even every single hour, you will be reminded that you are doing the directing and the “filler” tasks the AI cannot, but it is doing most of the real thinking.

I call this process parallel construction. A new Versailles built on cleared ground, next to a landscape that needed tending, not replacing. The old system left to decay. The new one uncontained, growing, passing more and more cost to the consumer. Neither one serving the people who actually live on the land.