[quantified]

Put another way, wouldn't it have made more sense, social-benefit-wise, to encourage everyone to be nurses, doctors, teachers, or members of another profession that provides direct benefits to humanity? Or flautist or waitstaff or any thing else that benefits people too?

It really was to put the prices down and benefit themselves, not to benefit humanity overall. They would never encourage people to learn mental health providing, physical therapy, exercises for their own health, they don't actually care about those.

A glut of coders only is good for the coders if there is enough overall business to keep them actually employed somehow. Otherwise you have a lot of people who don't spend time coding.