Matan Grinberg: AI Labor Displacement Is Short-Term; Long-Term Reallocation Is Net Positive
Matan Grinberg · OpenAI vs Anthropic vs Open-Source | Token Maxing, AI Hangovers & The Coming ROI Reckoning · 20VC with Harry Stebbings · Jun 13, 2026 · at 40:29
Matan Grinberg, founder and CEO of AI software engineering platform Factory, responds to Harry Stebbings about whether AI will displace software engineers.
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“Short term, yes. Long term, no. Short term, yes, because it's just a shock to the system where, you know, there are all these big layoffs that are happening that are pretty aggressive, and, you know, these are 1010 of thousands of people that had a job that no longer do, and so I think that does worry me. Long term though, I am very not worried because the reality is there is a huge number of problems in the world. Ridiculous number of problems in the world, and a large percent of them can be solved or can be helped with software. And very few of those problems that can be solved with software are we currently solving with software. And so if we're going to be flooding the job market with tons of engineers, that means that we can now allocate them on the broader economy to solve more of these problems in the world. And if we have more engineers who are going and solving more problems in the world, that is a net good.”
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