It may be a cliche, but it's all connected. In a general sense, programmers at different experience levels are at least partially substitutable goods. A crash in wages on one group will probably affect that other.
In a more specific sense, companies won't pay seniors for skills at mentoring and managing the juniors they won't have.
Unless there's an unexpected jump in AI IQ, vibe-coded projects will start to unravel, but the companies won't have the resources to hire the human coders needed to fix the code.
Meanwhile a lot of people with real skills and ability will have been unemployed long enough to depress spending across the entire economy.
Those same people would have been prime drivers of spending, because they were one of the few demographics with significant disposable income and the ability to afford high rents and property prices.
You can see where this is going.
The people running the companies can't. Or if they can, they maybe believe they have an escape route.
That will turn out to be a fantasy too.
The problem isn't AI. it's an economy running on fantasy numbers that are unmoored from economic and physical reality.
Idk though, really seems like the "AI layoffs" are just corps shedding headcount bloat accumulated in 2020-23.
I never understood why software engineers were so excited about open source and teaching everyone to code.
Why aren‘t we more like doctors or lawyers?
But the reality is law is primarily about social capital, medicine has more of that than most people realise, and computer people love to pretend social capital is something other people do, and they don't need to.
I draw the line at things that directly impact my net worth.
> Do you not care about global warming because you're probably not going to experience an unsurvivable wet bulb temperature where you happen to live in your lifetime?
Correct. I don’t care about global warming or climate change.
Climate change will have huge effects on everyone's net worth. The process has already started.
Your failure to understand this will not change how it affects you.
I suppose that makes a change from it's not happening or it is happening but it isn't man made or it is man made but we can't do anything about it.
That is a really interesting admission upon which to evaluate your other comments here…
If I decide you're having a negative impact on my net worth, can I come to your home and shoot you in the head?
It seems we need a remedial class in morality here, where we work up to you understanding the golden rule. But perhaps you're not capable of understanding that. Is euthanizing you then the only option?
Hope you like being overworked!
When you read an article about a "skills shortage" it's usually more of a pay shortage and/or a terrible working conditions overage.