Remember when in the late 90s / early 2000s someone came up with a way to hire 10 developers for the same price as your current devs. Same competence level. Same output per dev. It should have led to 10x the output. It was called “offshoring.” It’s NOT what happened…

There are now parallels with AI: We have this tool where a dev (using AI coding tools) could produce ~10x as much as code as before. And some say demand for devs will decrease. Look at offshoring: demand for devs should have decreased for devs in the West. But it increased!