Earlier quoted context omitted.
Seriously? That’s wild. What kind of CS field could even handle that kind of daily spend for a bunch of people?
Consider L5 at Google: outgoings of $377,797 USD per year just on salary/stock, before fixed overheads such as insurance, leave, issues like ramp-up time and cost of their manager. In the hands of a Staff+ engineer, these tools enable replication of Staff+ engineers and don't sleep. My 2c: the funding for the new norm will come from either compressing the manager layer or engineering layer or both.
If your staff engineers are mostly doing things AI can do, then you don't need staff. Probably don't even need senior