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Ramaswamy: Labor-heavy and hourly billing businesses will struggle against AI agents

Sridhar Ramaswamy · Snowflake vs Databricks: The AI Data War | CEO of $SNOW · Sourcery with Molly O'Shea · Jan 23, 2026 · at 37:31

Snowflake CEO Sridhar Ramaswamy discusses which tech and services business models face the most severe structural disruption from AI.

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“If there are a set of companies, for example, that rely heavily on basically people power. They charge by the hour. They charge a lot of money. They make a lot of money. And now you're confronted with a technology like coding agents that can literally get jobs done for a 10th of the time. And so, embracing something like that, that's a lot harder. I would say it is companies that have these kinds of structural problems that are going to find it hard to navigate.”

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