alt Hacker NewsThe more likely outcome is that fewer devs will be hired as fewer devs will be needed to accomplish the same amount of output.
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NewEntryHN • yesterday at 11:09 AM
This implication completely depends on the elasticity (or lack thereof) of demand for software. When marginal profit from additional output exceeds labor cost savings, firms expand rather than shrink.
slopinthebag • last Thursday at 10:37 PM
When computers came onto the market and could automate a large percentage of office jobs, what happened to the job market for office jobs?
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The old shrinking markets aka lump of labour fallacy. It's a bit like dreaming of that mythical day, when all of the work will be done.