[danjac]

Only 700 new IT jobs created in the last year for the whole of the US:

https://www.theregister.com/2024/01/08/700_it_jobs_us/

The blood-letting is still ongoing (Pixar and Discord, just talking about today).

I think the overall reason is that a lot of startups and services have been unprofitable for a while, and the zero-interest-rate environment of the past decade was the high tide that covered a lot of people swimming naked, as Buffett once put it. There might be other reasons for example SAAS platforms being consolidated into fewer and fewer big players. Long term AI will play its part - perhaps creating lots of junk code, but CEOs don't really care about long term quality these days, just short term earnings calls.

Of course there are going to be niches and things like payroll or flight booking programs that will need maintenance work from now until the end of time, and some programmers will be around in 10 years, just not as many.

Again, I would love to be proven wrong.