>You will get laid off but you won't if you create value

From my experience this isnt in the slightest bit true.

The professional managerial class not only sucks at identifying who creates value, they often feel threatened by those who do and try to knock them down a peg, disenfranchise them or commoditize them somehow.

You might assume that that the profit incentive would override this tendency towards shredding economic value but it doesnt, because of the principal-agent problem. The PMC always prioritizes their power within the organization over the organization's maximization of profit.

At least half of the hype about AI is about trying to gaslight developers into believing that theyre now worthless so that they can be more easily exploited by the PMC.

It was the same thing back when outsourcing to Actual Indians was in fashion in the 2000s.