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its not a misinterpretation but an observation. your moat as software dev is disappearing. i know several companies that reduced their 20+ full stack dev team to just 4, in some cases they got rid of them all together and it is now the CTO/CEO + contractors who are paid hourly and working less than 20 hours a week on average.

We are only getting started, this trend is not going to revert, we are going to get cheaper tokens and more Fable 5 exceeding models that are going to be faster and easier to use.

We had a recession before personal computing took off and another one after the dot com bubble, this didn't put any hinderance on adaoption of the new tech it increased it

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Also quickly writing say a ReactJS app will cost a lot of tokens for debugging because the 1 or 2 people who deliver 10 people's work surely don't have the time and understanding of the code base!
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this is a good example of how the optics as business owners and laborers are arbitraged successfully again and again.

almost all businesses do not care about your opinion of codebase or quality. they just want it to work and not fail.

on top of that the token costs are dropping as AI giants fight over marketshare.

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Token costs are reducing for Chinese models, yes. Claude costs are going up!
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