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cpcat | 1 year ago

You refer to the economy as strong. Relatively it's not. Also depends on what you mean by economy. There are parts of the economy which are worse than before, and those are affecting the job market. I'm not saying AI hiring is the only reason, the relatively bad economy is another reason. As for AI there were articles that mentioned exactly that, companies are ending other projects to invest in AI. I'm sorry I don't have a reference handy for you, maybe you can search for them. Since you don't seem to have understanding of what economy is and generalizing it, which is clearly a fallacy, I suggest you are either being arrogant or ignorant to console yourself

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taylodl|1 year ago

I'm not consoling myself - I'm facing the stark reality that AI is transforming the software development landscape and eliminating many jobs. You appear to be the one that doesn't want to face that reality.

From an economic standpoint, GDP grew at an annualized rate of 3.3% - which is good. Consumer spending grew at an annualized rate of 1.9%. Unemployment has been under 4% for the past two years and job growth far exceeded expectations. Wages are now growing faster than inflation. Even housing and new home construction grew - despite rising interest rates! If you don't think this is a good economy, then you have unrealistic expectations of what makes a good economy.

So, coming back around to the topic at hand - if the economy is doing so well then why are developers being laid off by the hundreds of thousands? You claim AI has absolutely nothing at all to do with it. I say that makes no sense given all the facts we know. If anything, the demand for developers should be increasing, but that's not what we're seeing.