Buried in the story was a deceptively simple question: does your AI agent count as an employee?
At a recent conference, Microsoft executive Rajesh Jha floated a provocative idea. In a future where companies deploy fleets of AI agents, those agents may need their own identities — logins, inboxes, and even seats inside software systems. If so, AI wouldn’t shrink software revenue. It could expand it.


Yes! This is legitimately one of the ways the bubble may burst. Particularly if the AI gets substantially smarter, and just starts recommending full switches to existing libraries and software suites - at a cost of exactly one token, instead of churning out thousands of lines of slop code that require ongoing tokens to maintain.