The companies that don't by into this hype are going to be positioned well when the bubble bursts.
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The market was saturated. As it turned out, the economy simply did not need that many software engineers. Joe Biden and Barack Obama told people, "learn to code". They did, and they lost. Employers are not interested in entry level programmers as they did before. They want actual engineers who know how to build things and solve problems. They are looking for any excuse to fire you. AI is basically what an efficient economy does. It makes some jobs obsolete, or not as useful.
Cursor (which everyone at my job is now “heavily encouraged “ to use) spat code at me today that attempted to hardcode credentials. Good luck guys!
Yeah, it still can't do it itself, not even close. And it doesn't always make good decisions, But having it set up the calls to an API? That's 10 minutes of research I don't have to do.
Kinder, the Brookings fellow, said she worries that companies soon will simply eliminate the entire bottom rung of the career ladder.
What the fuck do they think is gonna happen when the current seniors start to retire? Are they just betting that AI is gonna be good enough to replace all of them then?
Cue all these companies in 5-20 years' time having to completely rewrite their software stacks because they have no fucking clue how any of it works anymore.
Cue all these companies in 5-20 years’ time having to completely rewrite their software stacks because they have no fucking clue how any of it works anymore.
Thats 20-80 fiscal quarters away, an eternity in capitalist time. During most of which the leadership that chose this path can hit the eject button, open their golden parachute, and utterly avoid any personal consequence of having looted the future potential of the company for a few years of bigger bonuses for themselves.
Much like how politicians have been directing entire countries in recent years
Are they just betting that AI is gonna be good enough to replace all of them then?
Yes. That is literally the plan.
In a few years, I am expecting a huge consulting boom like the COBOL / FORTRAN boom that happened during Y2K.
Yep the boom bust continues.
Artificial intelligence has proved to be even more valuable as a writer of computer code than as a writer of words.
I call bullshit.