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Article · 2026-06-30 · 1 moments

The Token Budget Problem Nobody Is Talking About (Matan Grinberg, Co-Founder & CEO of Factory)

Listen now | Inside Factory, the $1.5 billion company helping enterprises like Nvidia, Morgan Stanley, and Adobe automate software development through AI “droids.” ✦ AI generated

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Claim

It is inaccurate and psychologically harmful to claim that all jobs are going away or that AI will create a permanent underclass.

Matan Grinberg pushes back hard on doomer rhetoric about AI eliminating all jobs, arguing the narrative is both factually wrong and damaging to the people who will be central to building the future.

transcript

Matan Grinberg: There are a lot of people that are going out there and saying things like, 'all jobs are going away,' or 'we're going to automate everything,' or this language about the permanent underclass. And it really upsets me because not only is it inaccurate, but it's really harmful to the psychology of a lot of people that I think have a very important role to play in the future of humanity.

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