[StefanWestfal]

In simple economics, a decrease in price typically results in an increase in demand, unless the demand is inelastic.

Anecdotal experience: Onset of tools such as NumPy, which made it more feasible for a wider range of people to write their own simulations due to drop in cost (time/complexity). This, in turn, increased the demand for tooling, infrastructure, optimisation, etc. and demand for software engineers increased. Yes our jobs will change but there are way to many problems to be solve to assume demand will not increase.

[sumtechguy]

I do understand that. But in this case the supply of who can do the work is about to increase wildly too. That should mean a decrease in the price the 'programmer' can demand. I was mostly thinking along your lines until the other day when someone typed into the latest chat gpt 'write me a game of tetris in python' pasted the error that hallucinated out of it back into the thing and it spat out an acceptable program that did tetris. It compiled and ran and was a roughly decent copy of the game tetris. All in about 5-10 mins.

That is 'good enough' I am looking at. Throw away code to do one or two bespoke things and moving on. Why keep it when the next version of this can just make a better version next time. Why keep that expensive programmer on staff to do this when I can hire a couple of dudes from india to type a few prompts in or do it myself? The value of programming is dropping very fast. Or in economic terms the price someone is willing to pay for a given amount of code is going to go down. But the demand for the amount of code will go up. That on the surface looks like a wash but I am leaning to a reduction of what I can charge.

One of the basics of an economy is trading money for time. If it takes 5 mins to make and just about anyone can do it. How much money are you willing to come up with to pay for that?