Even if AI only takes over “easy” programming jobs, it might still create a huge downward pressure on compensation.
After all, just look at manufacturing. Compared to 1970 we produce 5x the real output but employ only 50% the people. The same will likely happen to fields like programming as AI improves.
After all, just look at manufacturing. Compared to 1970 we produce 5x the real output but employ only 50% the people. The same will likely happen to fields like programming as AI improves.