[no_flags]

Processing power has cheapened exponentially for the last 50 years (Moore's law). I am skeptical that a continuation of this trend will drive a fall in wages.

In my own experience performance optimization is an important but infrequent part of my job. There are other skills an elite programmer brings to the table like the ability to build a mental model of a complex system and reason about it. If downward pressure on wages occurs I think it will be for another reason.

[Enginerrrd]

I think in general you are right, however, there will certainly be sectors where it will be a lot easier to just throw it at a wall of computation than pay someone to think about it.

But architecting complex systems so that they are maintainable, scalable, and adaptable... there's not gonna be enough cheap computation to solve that problem and omit top talent for a long time.