So like internet startups in the 90s. Like .com in the late 90s. Like social media startups in the late 2000s/2010s. It's all cycles. Every bubble is talked about on HN (and similar sites) because that's the purpose of sites like this.
maybe a big difference is those hype cycles were net-positive for developers. This is the first one in a while that has VCs and upper management salivating with the idea of cutting all the devs lose. Who do YOU think this is likely to replace first, technical developers or administrators?
It worries me a lot what are those devs without jobs now, will do next? Do they change to the dark side and start battling AI startups and technologies?
That's the stupid part. Nothing is actually automated yet. AI is just a smokescreen for the recession we're clearly in but no one wants to say out loud.
And I sense a reckoning on the horizon. There's a reason the 10's were filled with billionaire (now trillionaire) tech companies poaching any potential talent that can rise against them. That knowledge is still there and rife to disrupt.
>mention the word union here and you'll still get beat with a stick.
I'm in the games industry. It's slow but people are starting to wake up here. Only took decades of abuse, instability, and rampant layoffs in an industry alreaady known for regular layoffs. But you know the quote about Churchill and Americans.