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by arcturus17
1287 days ago
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> Everybody tends to think their business requirements are very unique How did that pan out for low-code tools? Or hell, the advent of high-level languages in the 60's and 70's? Did either of these paradigm shifts reduce the amount of coders needed? For these tools to really eat up into demand for programmers, it would need to increase productivity enough to: 1. Meet the ever-growing demand for software 2. Close the permanent gap for devs in the world (which some quantify in the millions) Dev prospects could worsen in 2023 due to the rise of interest rates and the displacement of investment towards fixed-assets, but if you think that Davinci or whatever model is the factor that's going to be pushing the needle, I don't know what to tell you. |
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The growth won't last forever. At least not at this pace.
How many companies write the same bits of software as everyone else, destined to throw them away after a year or two? How much of that waste is driven by continuous churn of frameworks? How much of that software itself is pointless, powering businesses that should never be?
I'm thinking of OP's prediction:
> - Rising interest rates will push investment mass away from startups and into the other end of the spectrum: good old bonds and other fixed-rate assets.
If that were to happen, I wonder what it'll do to the "ever-growing demand for software".