Canadian entrepreneur Stewart Butterfield, who resigned from Slack in January, said code written by artificial intelligence applications won’t displace programmers, but it will reshape their roles. (Bloomberg)

Talking point: “It is going to be just like any wave of technology, it’s like this massive augmentation that people end up moving higher up the value chain,” Butterfield said on a Bloomberg podcast. He cited the example of physics PhDs discovering a new career pathway when hedge funds started hiring them as quantitative analysts. “I think the same thing will be true of coding,” he added. Along with its huge potential, Butterfield noted, AI poses new risks, which companies’ compliance teams are all-too-aware of when considering new AI applications. “They get zero upside if they say yes to something, and they have this powerful incentive to say no.”