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