alt Hacker NewsMy reality: Before AI Tokens I had to hire someone. External or normal.
After AI Tokens: I don't need to hire someone anymore and if, i need to know why. Because if i have an contractor for 1-2 years and explain a lot to them, i can just explain it to AI.
Also i prefered before already to not hire someone if i had the feeling they don't have potential, now i have even less incentive to do so.
Which means that those contractors (solo or companies) struggle to get work. For the companies that means laying off some/all employees.
The net result is unemployed or effectively unemployed people, who cut back on extra spending (games, patreon, subscriptions, etc.).
That puts pressure on those people/companies which then repeats as they have reduced revenue. So the cycle repeats.